216 W Pacific Avenue

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216 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 apartment building available for sale in Villas
  • Asset features a total of two residential units
  • Located at 216 W Pacific Avenue in New Jersey
  • Positioned within the growing Cape May County market
  • Suitable investment for those seeking smaller residential holdings

What's Special

This multifamily property at 216 W Pacific Avenue in Villas, New Jersey, is currently available for sale and represents a viable acquisition for investors seeking a small-scale residential asset. The building consists of two units, providing a manageable configuration for those looking to expand a portfolio or enter the local rental market. Villas functions as a growing community within Cape May County, offering proximity to coastal amenities and regional transportation corridors that appeal to a consistent tenant base. Residential investments in this part of New Jersey benefit from the area's steady population and proximity to shore-adjacent employment centers. The dual-unit layout supports straightforward management operations, making this an accessible option for buyers focused on long-term rental income. Whether utilized as a primary rental investment or part of a broader real estate strategy, this apartment building provides a defined footprint in a established suburban market.

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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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