8505 Landis Avenue

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8505 Landis Avenue

Sea Isle City, NJ 08243
Asking Price
Contact for price
Asset Type
Apartment Building Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Mixed-use apartment building located at 8505 Landis Avenue
  • Asset positioned in the coastal market of Sea Isle City
  • Property situated on a primary local thoroughfare
  • Suitable for residential and commercial investment strategies
  • Positioned within the active New Jersey shore real estate market

What's Special

Investors seeking a prime asset in the coastal corridor will find this mixed-use apartment building at 8505 Landis Avenue a functional addition to their portfolio. Sea Isle City remains a consistent destination along the New Jersey shore, drawing seasonal tourism and a stable year-round population. This property occupies a central position in a market defined by its reliance on the regional hospitality economy and residential lifestyle appeal. The building is suited for operators looking to capitalize on the steady demand for rental units in this beachfront community. With its prominent placement on a primary thoroughfare, the asset offers visibility and access to the local commercial activity that defines the downtown district. Its configuration allows for flexible management strategies, appealing to those focused on long-term value preservation in an established coastal environment.

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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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