101 W Delaware Parkway

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101 W Delaware Parkway

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).

  • Four-unit multifamily apartment building located in Villas New Jersey
  • Asset sits within the coastal region of Cape May County
  • Residential property offering stable investment potential in a suburban market
  • Accessible location providing easy connectivity to local shore communities
  • Well-suited for investors targeting the regional residential rental market

What's Special

The four-unit apartment building located at 101 W Delaware Parkway in Villas, New Jersey, presents a residential investment asset within a coastal Cape May County community. This multifamily property sits in a quiet suburban market known for its proximity to Delaware Bay and the broader South Jersey resort region. Residents here benefit from easy access to regional thoroughfares that connect the Villas submarket to neighboring shore towns and major employment hubs along the coastline. As a modest-sized multifamily asset, this building is well-positioned for an investor seeking a straightforward rental property in a stable residential area. The layout supports consistent tenant demand driven by year-round residents and seasonal workers drawn to the regional tourism economy. Its manageable scale allows for simplified oversight while maintaining a presence in a locale that balances suburban living with accessibility to essential services and regional recreation.

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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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