221 W 25th

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221 W 25th

North Wildwood, NJ 08260-2531
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).

  • Multifamily apartment building located in North Wildwood New Jersey.
  • Property features a total of two residential units.
  • Asset is currently available for purchase in Cape May County.
  • Positioned near regional coastal amenities and seasonal tourism hubs.
  • Suitable for residential rental investment or small-scale ownership.

What's Special

North Wildwood serves as a coastal destination in Cape May County, drawing seasonal visitors and residents who appreciate the accessible beachfront environment. This multifamily apartment building at 221 W 25th provides a foothold in a market defined by its tourism-driven economy and steady demand for rental housing options near the shoreline. The property configuration includes two distinct units, offering a straightforward addition to an investment portfolio or a potential owner-occupier setup for those seeking to capitalize on the region's appeal. Prospective investors looking to establish a presence in this New Jersey shore community will find the scale of this asset manageable for property management and leasing. Given the location, the site is positioned to serve individuals or small groups looking for consistent rental inventory within the local residential landscape. The building's layout allows for versatile residential use, fitting well into the surrounding context of a established vacation and year-round destination.

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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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