10 Corsons Tavern Road

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10 Corsons Tavern Road

Seaville, NJ 08230
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 Seaville
  • Residential property featuring a total of 2 rental units
  • Located in Cape May County with access to coastal routes
  • Suitable asset for investors managing residential rental portfolios
  • Established regional market with steady demand for housing

What's Special

Investors seeking to expand their residential holdings will find this multifamily apartment building at 10 Corsons Tavern Road in Seaville, New Jersey, a practical acquisition. The property consists of 2 units, providing a straightforward addition to a rental portfolio. Situated in a suburban area of Cape May County, the site benefits from proximity to coastal regional thoroughfares, making it a viable option for those looking to capture steady demand from long-term tenants or local professionals working within the broader South Jersey corridor. This asset serves as a functional choice for residential landlords focusing on smaller-scale multi-unit properties. Its location in Seaville allows for convenient access to regional commerce and the neighboring beach communities that define the local economy. Given its configuration, the building offers clear utility for steady rental income generation in a market characterized by stable population interest.

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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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