2004 Bayshore Road

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2004 Bayshore Road

Villas, NJ 08251
Asking Price
$1.07M
Asset Type
Medical Office Office
Class
Class B

What's Special

Six Unit, Fully Leased, Multi-Use Building in High Visibility Location <ul><li>​Fully leased six-unit mixed-use commercial complex in growing Cape May County market</li><li>​Two-building setup with medical, professional, wellness, office, and residential components</li><li>​Strong tenant history with continued occupancy</li><li>​Flexible layout may allow future owner-user occupancy as leases naturally expire</li><li>​Legal use expanded after purchase</li><li>​Significant owner improvements include expanded paved parking, enhanced signage, updated vinyl siding, reno

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NOI
$80,000
Cap Rate
7.44%
DSCR
1.25
Strong
Cash-on-Cash
5.02%
Monthly Payment
$5,318.513
Annual Cash Flow
$16,177.838

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