12 A Avenue

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12 A Avenue

West Wildwood, NJ 08260-2202
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 12 A Avenue in West Wildwood, New Jersey.
  • The multifamily asset consists of two residential units.
  • The property is available for purchase in this coastal market.
  • West Wildwood is situated within the popular Cape May County.
  • The site coordinates are located at 39.0046, -74.8273.

What's Special

West Wildwood serves as a coastal community within the New Jersey shore region, attracting seasonal visitors and year-round residents alike. This multifamily apartment building is positioned at 12 A Avenue in a residential setting that benefits from proximity to the area's primary recreational attractions and local transit corridors. The structure contains two units, making it suitable for an investor looking for a manageable asset in a familiar seaside market or a small-scale property holder focused on rental income. Residential real estate in this part of Cape May County maintains consistent demand due to the seasonal nature of the local tourism economy. As a two-unit asset, this property provides functional living space appropriate for long-term rentals or potential seasonal occupants. Owners can leverage the location within a established shore town to attract stable tenants seeking access to the coast.

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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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