Between 7th-8th Bayfront Slip E1

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Between 7th-8th Bayfront Slip E1

Ocean City, NJ 08226
Asking Price
Contact for price
Asset Type
Marina Special-purpose
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Marina facility located at Bayfront Slip E1 in Ocean City.
  • Property is currently listed for sale as a special-purpose asset.
  • Positioned in a prominent coastal market in New Jersey.
  • Features a strategic waterfront location for marine business operations.
  • Coordinates placed at 39.2791 latitude and -74.5830 longitude.

What's Special

Situated between 7th and 8th Bayfront Slip E1 in Ocean City, New Jersey, this special-purpose marina asset occupies a prime position along the waterfront. The property benefits from its location in a well-established coastal destination that draws significant seasonal traffic and supports a robust marine economy. Ocean City is known for its tourism-driven market and active maritime community, providing a stable environment for water-dependent operations. This marina offers practical utility for investors or business owners looking to establish a presence in a high-demand boating hub. Its specific bayfront configuration is suitable for a variety of marine-related activities, including boat storage, slip leasing, or commercial dockage. Given its strategic placement within the slip E1 area, the site is positioned to cater to local boaters and seasonal visitors navigating the Atlantic coastline. The asset serves as a functional foundation for those looking to capitalize on the enduring popularity of South Jersey's waterways.

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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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