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 purchase in Villas, New Jersey
  • The property features two individual rental units for residential occupancy
  • Located at 10 W Atlantic Avenue within the 08251 zip code
  • Suitable asset for investors focused on small-scale residential rental portfolios
  • Situated in a coastal community with consistent regional housing demand

What's Special

This multifamily property at 10 W Atlantic Avenue in Villas, New Jersey, is available for purchase by investors seeking to expand their residential portfolios. The asset consists of 2 units, providing a straightforward opportunity for rental income generation within the Cape May County submarket. Villas maintains a steady appeal for local residents due to its proximity to the Delaware Bay coastline and the broader regional employment hubs that drive housing demand in the area. Given the current configuration, the property functions well as a stable long-term hold for those targeting consistent occupancy in a coastal suburban setting. The structure is positioned within a residential pocket of the community, offering tenants access to local amenities and major transit corridors that serve southern New Jersey. Owners and investors often favor this asset type for its manageable scale and potential for consistent cash flow in a market characterized by a blend of permanent residents and seasonal needs.

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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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