109 W Preston

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109 W Preston

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 available for purchase in Wildwood Crest
  • Asset features a total of two individual residential rental units
  • Located at 109 W Preston within the 08260 zip code
  • Situated in a established coastal residential market in New Jersey
  • Well-suited for investors focused on small-scale residential rental properties

What's Special

This multifamily apartment building for sale in Wildwood Crest, New Jersey, presents a functional acquisition for an investor seeking a compact asset in a coastal market. Located at 109 W Preston, the property provides two units suitable for rental income in a well-established shore community. Wildwood Crest is known for its residential character and steady seasonal appeal, drawing interest from visitors and long-term residents alike. The site occupies a strategic position within the local market, making it an appropriate choice for those managing small-scale residential portfolios. With its accessible layout and coastal location, the property serves as a practical option for building equity in an area that balances quiet suburban living with proximity to broader regional transit corridors in the Southern New Jersey region.

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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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