252 Seabreeze Court

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252 Seabreeze Court

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 two-unit multifamily apartment building.
  • Property is situated in North Wildwood, New Jersey.
  • Located at the address 252 Seabreeze Court.
  • The site sits at coordinates 39.0200, -74.7948.
  • The building is currently available for purchase.

What's Special

This two-unit multifamily apartment building sits at 252 Seabreeze Court in North Wildwood, New Jersey. North Wildwood serves as a coastal destination within the Cape May County area, characterized by seasonal tourism and a steady year-round residential population. The property is positioned to take advantage of the coastal regional economy and the consistent demand for rental housing in this barrier island community. Investors and owner-occupants often look to this submarket for assets that provide flexibility in a high-demand vacation destination. Apartment buildings of this scale in the region frequently support long-term residential leasing or conversion to seasonal rental strategies. The asset's location provides proximity to local infrastructure and coastal amenities common to the Jersey Shore market. Prospective buyers should evaluate the utility of this multi-unit configuration within the current North Wildwood real estate landscape.

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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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