211 90 Street

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211 90 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 apartment building available for sale in Sea Isle City
  • Property features a total of two individual rental units
  • Located in a prominent coastal market in New Jersey
  • Asset supports residential leasing strategies for long-term investors
  • Positioned within reach of regional tourism and shore amenities

What's Special

Investors seeking a residential holding in a coastal market will find potential in this multifamily apartment building located at 211 90 Street in Sea Isle City, New Jersey. The property provides two distinct rental units, offering a straightforward management profile suitable for long-term hold strategies or seasonal vacation leasing. Given the local demand for shore-based accommodations, this asset serves as an efficient addition to a diversified real estate portfolio. Sea Isle City remains a consistent destination within the Cape May County region, attracting seasonal visitors and year-round residents who value the accessibility of the New Jersey coastline. As a coastal community, the area benefits from steady tourism patterns and established infrastructure that supports residential demand. Prospective buyers can leverage the existing configuration to capitalize on the region's strong rental market, whether through annual leases or vacation-oriented occupancy. The property placement aligns with regional patterns for residential density in a well-regarded beach town.

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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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