221 E 14th Avenue

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221 E 14th 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).

  • Three-unit multifamily apartment building available for sale
  • Located in the beach community of North Wildwood
  • Asset sits within the coastal New Jersey region
  • Well-suited for residential rental income investment strategies
  • Situated at the 221 E 14th Avenue location

What's Special

This multifamily property is currently available for sale and presents a clear investment profile for buyers seeking a residential income asset in the coastal market of North Wildwood, New Jersey. The building comprises three apartment units, making it an manageable addition to a small-scale real estate portfolio or an entry-level acquisition for an investor focused on vacation or long-term rental income. Located in the 08260 zip code, the property benefits from the inherent appeal of a seaside destination that experiences seasonal population shifts and steady demand for rental housing. The layout and unit count allow for versatile management strategies, whether through traditional long-term leasing or more flexible short-term arrangements common in this region. Proximity to local coastal amenities and the regional economy of the Jersey Shore provides a foundation for sustained interest from prospective tenants.

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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

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