10 W Atlantic Avenue

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10 W Atlantic Avenue

Villas, NJ 08251
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 immediate acquisition in Villas
  • Two-unit residential property located at 10 W Atlantic Avenue
  • Situated within the established residential submarket of Cape May County
  • Asset configuration is well-suited for a focused residential investment strategy
  • Located in a region characterized by consistent demand for housing

What's Special

This multifamily apartment building at 10 W Atlantic Avenue in Villas, New Jersey, is available for sale, presenting a practical addition for a residential real estate investor. The property features a configuration of two units, providing a straightforward opportunity to enter or expand within the local rental market. Situated in a coastal area of Cape May County, the site benefits from the stability of a suburban residential environment while maintaining proximity to regional commuter routes that connect residents to broader economic centers in the metro area. Apartment assets of this scale are well-suited for professional management or as a manageable entry point for a private investor looking to capitalize on demand for housing in New Jersey shore communities. The layout allows for a variety of tenant profiles, from long-term residents seeking quiet accommodations to seasonal occupants drawn to the nearby coastline. The property stands as a functional investment asset positioned to serve the diverse housing needs of the Villas submarket.

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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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