34 Church Road

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34 Church Road

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).

  • Multifamily apartment building located at 34 Church Road
  • Asset features two individual residential rental units
  • Positioned in the Rio Grande market of New Jersey
  • Suitable for residential investment and rental income strategies
  • Provides immediate scale for professional property management operations

What's Special

Investors seeking to expand their residential holdings will find this two-unit apartment building at 34 Church Road in Rio Grande, New Jersey, a practical addition to a real estate portfolio. This multifamily asset provides a straightforward opportunity to enter or grow within the southern New Jersey market. The property structure is conducive to rental operations, serving as a functional investment for those looking to manage multi-unit housing in an area characterized by its coastal proximity and suburban reach. Rio Grande remains a consistent transit point for those traveling throughout Cape May County, offering accessibility to regional employment hubs and local services. With two independent units, this building allows for a manageable scale of operations for landlords or investors focused on residential property performance. The asset serves as an entry-level multifamily play suitable for those prioritizing long-term rental income and stable property management within a settled regional 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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