111 W Topeka Avenue

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111 W Topeka Avenue

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).

  • Located at 111 W Topeka Avenue in Wildwood Crest
  • Multifamily asset featuring two distinct residential apartment units
  • Situated within the established 08260 zip code area
  • Well-suited for long-term rental income or seasonal leasing
  • Asset type classified as a two-unit apartment building

What's Special

This two-unit multifamily property sits at 111 W Topeka Avenue in Wildwood Crest, New Jersey. The apartment building provides a residential investment opportunity within a coastal submarket known for its steady seasonal demand and proximity to local shore attractions. Wildwood Crest maintains a stable residential environment, making this asset suitable for investors seeking a small-scale multi-family holding in a well-established borough. Potential use cases include long-term rental income generation or a conversion for vacation-focused tenants visiting the region. Its location within the 08260 zip code places it in a community characterized by its accessible coastal layout and proximity to regional transit corridors. The structure serves as a functional addition to a broader residential portfolio focused on the South Jersey 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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