312 E 19th Avenue

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312 E 19th 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 for sale.
  • Property contains two distinct rental units for occupancy.
  • The site is located at 312 E 19th Avenue.
  • North Wildwood serves as a popular coastal New Jersey market.
  • Residential rental units benefit from regional summer tourism demand.

What's Special

This multifamily apartment building comprises two units situated in North Wildwood, New Jersey. Located at 312 E 19th Avenue, the property sits within a coastal community known for its seasonal tourism and proximity to the Atlantic shoreline. The North Wildwood market remains a popular destination for visitors and summer residents alike, supporting a consistent demand for rental housing options. Given the layout and configuration, this asset presents a functional investment for buyers seeking to establish or expand a residential rental portfolio in a recognizable beachside location. Investors may leverage the dual-unit structure to accommodate seasonal tenants or long-term occupants interested in living within this established shore community.

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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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