110 W Fern Road

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110 W Fern Road

Wildwood Crest, NJ 08260-6246
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 features a total of two residential units
  • Property situated at the address 110 W Fern Road
  • Located within the 08260 zip code of Cape May County
  • Positioned to serve the local residential or seasonal housing demand

What's Special

Wildwood Crest serves as a coastal community in New Jersey, maintaining a consistent demand for housing due to its regional popularity and proximity to the shoreline. This multifamily apartment building, situated at 110 W Fern Road, offers a total of two units for investors seeking a foothold in the local residential market. The property provides a manageable scale for portfolio growth or individual management in this established beachside environment. Given the asset type, the property is suited for long-term residential leasing or conversion to seasonal housing configurations, aligning with the broader trends of the Cape May County market. Investors will find this location provides access to the municipal amenities and transit corridors that support the surrounding residential population. Its placement within the 08260 zip code positions the building among a dense collection of similar residential assets, making it a viable candidate for rental income generation or property appreciation strategies within this coastal submarket.

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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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