321 E 19th Avenue

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321 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).

  • Four-unit multifamily apartment building available for acquisition.
  • Located at 321 E 19th Avenue in North Wildwood.
  • Property situated within the established New Jersey shore market.
  • Asset structure supports professional management or private ownership.
  • Well-positioned to capture regional rental demand for housing.

What's Special

This multifamily apartment building for sale at 321 E 19th Avenue provides a stable investment vehicle for buyers seeking to expand their residential portfolio in North Wildwood, New Jersey. The property comprises four distinct units, making it a manageable asset for investors focused on small-scale residential holdings. North Wildwood remains a popular destination along the Jersey Shore, benefiting from consistent seasonal demand and a reliable local economy that supports year-round housing needs. Investors will find this asset well-suited for long-term hold strategies or potential repositioning within the regional rental market. The layout and unit count allow for versatile management approaches, appealing to both private owners and professional operators looking for growth in a coastal environment. Its positioning in a well-established community enhances its utility as a primary income-producing residential asset, offering a functional space to support diverse tenant demographics within the surrounding suburban 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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