124 W Tampa Avenue

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

124 W Tampa Avenue

Villas, NJ 08251-3045
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).

  • Located at 124 W Tampa Avenue in Villas, New Jersey.
  • The multifamily asset includes a total of two units.
  • This apartment building is currently available for purchase.
  • Property situated within the coastal region of Cape May County.
  • The site coordinates are 39.0341 latitude and -74.9372 longitude.

What's Special

Villas is a quiet community located in Cape May County, New Jersey, offering residents proximity to the Delaware Bay and easy access to local coastal amenities. This multifamily asset consists of two apartment units, providing a manageable investment profile for those seeking a presence in this growing South Jersey market. The structure is well-positioned for investors looking to hold residential rental property in a region supported by tourism and seasonal demand. Apartment buildings of this scale serve as stable vehicles for long-term income generation. The property at 124 W Tampa Avenue benefits from the residential character of the surrounding neighborhoods, which remain popular for both year-round tenants and seasonal occupants. This type of asset is suitable for acquisition as a core holding or as part of a smaller-scale portfolio expansion within the Cape May peninsula.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

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

Location & Travel Times