210 88th Street

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210 88th Street

Sea Isle City, NJ 08243
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 asset located at 210 88th Street in Sea Isle City
  • Building configuration consists of two individual residential apartment units
  • Property sits within the desirable coastal market of New Jersey
  • Asset is currently available for purchase by interested investors
  • Suitable for either year-round residential or seasonal vacation rentals

What's Special

Investors seeking a turnkey multifamily asset will find this two-unit apartment building at 210 88th Street an efficient addition to a portfolio. Situated in Sea Isle City, New Jersey, this property benefits from the coastal appeal of a popular shore destination where rental demand remains consistent throughout the spring and summer seasons. The structure provides a manageable layout suited for long-term residential leasing or conversion into seasonal vacation rentals for the regional tourist market. Its placement in a well-established beach community offers reliable access to local infrastructure and the broader Cape May County economic corridor. With two distinct units, the building serves as a straightforward option for those managing small-scale residential holdings in a growth-oriented coastal submarket. The layout supports stable occupancy patterns, making it a functional choice for private owners or portfolio operators aiming for a foothold in the local housing 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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