116 E 12th Avenue

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

116 E 12th Avenue

North Wildwood, NJ 08260
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The asset is a multifamily apartment building located in North Wildwood
  • The property features a total of three distinct residential units
  • Located at 116 E 12th Avenue in the 08260 zip code
  • Suitable for long-term rentals or seasonal vacation housing options
  • Situated in a popular coastal market in Southern New Jersey

What's Special

North Wildwood serves as a prominent coastal destination in New Jersey, drawing seasonal tourism and maintaining a steady year-round population. This multifamily property at 116 E 12th Avenue consists of three individual apartment units. The asset provides a versatile configuration suitable for long-term residential leasing or conversion into seasonal vacation rentals given its proximity to the shore. Investors in this submarket benefit from the regional appeal of the Wildwoods and the consistent demand for rental housing near the Atlantic coastline. The structure sits within a well-established neighborhood, ensuring convenient access to local infrastructure and area amenities. Managing a three-unit building in this location allows for manageable operational oversight while securing a footprint in a highly sought-after seaside community. The building design supports functional living spaces, making it a viable acquisition for those looking to expand a residential portfolio in a recognizable beach town environment.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times