746 W Glenwood Avenue

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746 W Glenwood 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 apartment building available for sale in West Wildwood
  • Located at 746 W Glenwood Avenue in New Jersey
  • Strategically positioned within an active coastal residential submarket
  • Suitable for developers pursuing new residential housing projects
  • Well-connected site with access to regional New Jersey infrastructure

What's Special

Developers and investors looking to expand their residential footprint in the shore region may consider this apartment building site at 746 W Glenwood Avenue. Situated within West Wildwood, this asset is positioned to serve the steady demand for rental housing common in this coastal New Jersey submarket. The area is characterized by its seasonal tourism economy and a permanent population that benefits from proximity to regional transit arteries and local lifestyle amenities. Given the current configuration, this property provides a foundational opportunity for residential development or redevelopment. The site's location within the municipality allows for convenient access to surrounding community resources and major roadways connecting to the broader Cape May County region. Professionals evaluating market entries or portfolio additions in the coastal corridor will find this asset represents a functional component for multifamily strategies.

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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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