30 Church Street

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30 Church Street

Rio Grande, NJ 08242
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 apartment building available for acquisition in Rio Grande
  • Asset type classified as a multifamily residential property
  • Located within a central commercial hub in Cape May County
  • Suitable for investors targeting local residential rental demand
  • Positioned near major regional transit routes and local services

What's Special

Investors seeking to expand their portfolio should consider this multifamily property available for sale at 30 Church Street in Rio Grande, New Jersey. This apartment building features four individual units, offering a straightforward income-generating opportunity within this established Cape May County submarket. The property provides a residential foundation suitable for long-term hold strategies or repositioning efforts by a focused operator. Rio Grande serves as a primary commercial hub for the surrounding region, benefitting from steady local demand and proximity to the coastal tourism economy of the Jersey Shore. Residents in this area appreciate the balance between suburban comfort and accessible regional infrastructure. Given the unit count, this asset accommodates professional management while maintaining a scale that remains approachable for private investment entities looking to stabilize cash flow. Prospective buyers will find this building positioned to serve the ongoing rental needs of the local workforce and seasonal residents who support the area's year-round demographic profile.

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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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