6 J Avenue

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6 J 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).

  • Residential multifamily apartment building located in West Wildwood, New Jersey.
  • The property at 6 J Avenue currently consists of two units.
  • West Wildwood is a coastal community within the Cape May County region.
  • Asset type suitable for long-term rental income and residential portfolio expansion.
  • Property position offers access to regional commercial and recreational shore amenities.

What's Special

West Wildwood serves as a prominent coastal community in Cape May County, New Jersey, characterized by its seasonal population growth and proximity to regional beaches. This multifamily apartment building, situated at 6 J Avenue, represents a residential investment asset within this established market. Given the location and property classification, the building is well-positioned for investors focusing on coastal rental demand. The structure currently houses two residential units. Asset configurations of this scale in the Wildwood area typically appeal to investors seeking manageable property holdings or those interested in long-term rental income streams. The site is accessible to local transit corridors and maintains proximity to the varied recreational and commercial amenities that define this shore destination. Professional operators may find this property suitable for maintaining a consistent footprint in the South Jersey housing market, leveraging the steady influx of seasonal visitors and year-round residents alike.

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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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