100 W Willard Avenue

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100 W Willard Avenue

Strathmere, NJ 08248
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 100 W Willard Avenue in Strathmere.
  • The apartment building consists of two individual residential units.
  • Property is currently available for purchase in the New Jersey market.
  • Strategic location within a coastal region favored for residential leasing.
  • Asset structure provides flexibility for varied rental income strategies.

What's Special

Investors seeking to expand their residential holdings in the coastal region of Strathmere will find this two-unit multifamily apartment building a functional addition to a portfolio. The property serves as a stable asset within a quiet residential submarket of New Jersey, well-suited for long-term rental income or potential owner-occupancy. Strathmere provides a distinct market environment characterized by its seasonal tourism and coastal appeal, attracting tenants who prioritize proximity to the shoreline and a slower pace of life. This asset type remains a staple for those focusing on small-scale residential holdings in shore communities. With two distinct units, the building allows for flexible management strategies, including traditional leasing or seasonal rental arrangements common in this part of the state. Its placement within this seaside enclave offers residents access to regional amenities while maintaining a residential atmosphere, making it a practical choice for buyers looking to establish or maintain a presence in the South Jersey rental market.

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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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