110 W Crocus Road

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110 W Crocus 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).

  • Four-unit multifamily apartment building located in Wildwood Crest.
  • Property situated at 110 W Crocus Road in New Jersey.
  • Assets of this size cater to the local rental market.
  • Coastal location offers proximity to regional shore line amenities.
  • Suitable for investors managing residential income-producing properties.

What's Special

The four-unit apartment building at 110 W Crocus Road presents an investment prospect within the coastal community of Wildwood Crest, New Jersey. This multifamily property serves as a residential asset in a market characterized by seasonal tourism and consistent year-round demand for rental housing. Positioned near the Atlantic coastline, the site allows convenient access to regional shore points and local employment hubs that support the local economy. Investors or operators seeking to expand their footprint in the Cape May County area will find the scale of this asset manageable for various property management strategies. Given its layout and unit count, the building is well-suited for long-term residential leasing or conversion strategies tailored to the demographic needs of the submarket. The property provides a foundation for portfolio diversification in a stable, established residential neighborhood.

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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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