1320 N 9 Route

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1320 N 9 Route

Swainton, NJ 08210
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 located in Swainton, New Jersey
  • Property consists of two distinct rental units
  • Located at 1320 N 9 Route with accessible frontage
  • Asset positioned within a stable Cape May County submarket
  • Suitable for residential investors seeking income-producing assets

What's Special

Investors seeking to expand their residential portfolio can utilize this two-unit apartment building located at 1320 N 9 Route in Swainton, New Jersey. This multifamily asset provides a straightforward income-generating opportunity within a suburban Cape May County market. The property benefits from its proximity to major regional thoroughfares, facilitating access for residents commuting to surrounding coastal communities or inland employment hubs. Its scale makes it an manageable entry point for private investors or those looking to integrate smaller multifamily holdings into a larger investment strategy. The Swainton area maintains a quiet, residential character while remaining accessible to the broader South Jersey economic region. Tenants in this submarket typically prioritize proximity to regional employers and the established amenities found along the corridor. Whether held for long-term rental income or potential repositioning, this asset offers a functional addition to a diversified real estate collection in a stable region of the state.

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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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