531 W Maple Avenue

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531 W Maple Avenue

West Wildwood, NJ 08260
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 asset available for purchase in West Wildwood
  • Residential apartment building comprising two distinct units
  • Located within the coastal landscape of Cape May County
  • Suitable investment for those targeting local rental housing
  • Property situated at the 531 W Maple Avenue address

What's Special

This multifamily property at 531 W Maple Avenue in West Wildwood is currently for sale and presents a straightforward acquisition for investors focused on small-scale residential holdings. The asset is classified as an apartment building featuring two units, which provides a manageable structure for a portfolio looking to gain a foothold in the coastal Cape May County market. West Wildwood serves as a recognizable summer destination, with a population that increases seasonally, offering consistent demand for rental housing in the region. Prospective buyers will find the scale of this investment suitable for individuals or smaller firms targeting stable income-producing assets. The location offers accessibility to the local amenities and infrastructure that support the broader South Jersey shore economy. Given the configuration of the site, it remains a practical choice for those interested in long-term holding strategies or potential residential management within a quiet suburban setting of this coastal community.

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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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