118 W Rosemary Road

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118 W Rosemary 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).

  • Residential multifamily property located in Wildwood Crest, New Jersey
  • Asset features a total of two individual apartment units
  • Situated within the popular Cape May County coastal market
  • Suitable for long-term residential or seasonal rental strategies
  • Located at 118 W Rosemary Road near regional amenities

What's Special

Wildwood Crest serves as a coastal destination in Cape May County, drawing seasonal visitors and year-round residents to the Jersey Shore. This multifamily apartment building sits at 118 W Rosemary Road, situated within this established seaside community. The property consists of 2 units, presenting a straightforward residential investment within the local market. Small-scale multifamily assets in this region appeal to investors seeking manageable portfolios or potential seasonal rental income. The proximity to regional shore points provides a stable environment for apartment rentals. This configuration suits owners looking for a direct entry into the coastal residential sector, where demand remains consistent throughout the year.

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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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