129 W Pacific Avenue

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129 W Pacific 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 residential building located in Villas, New Jersey.
  • Property consists of two distinct residential rental units.
  • Positioned within the active Cape May County residential submarket.
  • Functional apartment configuration suitable for long-term investment holding.
  • Accessible location near regional roads and coastal municipal infrastructure.

What's Special

Investors seeking to expand their residential holdings will find this two-unit multifamily apartment building a practical addition to their portfolio. Situated on W Pacific Avenue in Villas, New Jersey, the property serves as a stable asset within the Cape May County housing market. The location offers accessibility to the surrounding coastal communities and major regional transit corridors, making it a viable choice for long-term rental income. Given the configuration, the site accommodates tenants looking for residential housing in a suburban setting. The structure provides a straightforward footprint for management and operations, fitting well into a strategy focused on small-scale residential investment. As the local region continues to attract demand for permanent housing, this property remains positioned to provide consistent utility for a range of occupants. Its layout is well-suited for professional property management, catering to individuals and families who prioritize functional space near the Jersey Shore.

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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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