109 E Orchid Road

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109 E Orchid Road

Wildwood Crest, 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 located in Wildwood Crest, New Jersey
  • Asset consists of three separate residential rental units
  • Strategically positioned in a prominent Cape May County coastal market
  • Property size and configuration support residential rental operations
  • Established location provides access to local regional amenities

What's Special

Wildwood Crest serves as a prominent coastal community within Cape May County, characterized by its seasonal tourism economy and stable residential population. This multifamily apartment building sits at 109 E Orchid Road, providing proximity to local beaches and regional transit corridors. The property features three distinct units, positioning it as an actionable asset for investors interested in the South Jersey shore market. Multifamily dwellings in this submarket frequently attract long-term residents and seasonal tenants alike, making this a versatile addition to an income-generating portfolio. Its scale allows for efficient management while maintaining a footprint consistent with the established residential character of the immediate area.

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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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