8005 Landis Avenue

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8005 Landis Avenue

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 purchase in Sea Isle City.
  • The site encompasses two distinct residential units for flexible management.
  • Positioned in a prominent New Jersey coastal residential market area.
  • Strategic asset for investors seeking residential properties near the beach.
  • Suitable for long-term ownership or vacation rental business models.

What's Special

This multifamily property at 8005 Landis Avenue in Sea Isle City, New Jersey, is currently available for sale and presents a clear investment prospect for those looking to expand their residential portfolio in a coastal market. The building consists of two units, providing a manageable entry point for investors seeking a small-scale asset in a popular shore community. Sea Isle City maintains a seasonal population that grows significantly during the warmer months, creating consistent demand for rental housing near the coast. Given its size and configuration, this asset is well-suited for an investor targeting long-term hold strategies or a business buyer interested in personal use combined with rental income potential. The property serves as a functional addition to an investment strategy focused on high-demand vacation regions along the Atlantic shoreline.

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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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