120 W Rosemary Road

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120 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).

  • Multifamily apartment building available for purchase in Wildwood Crest
  • Asset located at 120 W Rosemary Road with two units
  • Situated within the established and popular Cape May County market
  • Suitable for long-term residential or seasonal coastal leasing strategies
  • Property sits in a coastal region with consistent tourism demand

What's Special

This multifamily property at 120 W Rosemary Road in Wildwood Crest is currently available for purchase by investors seeking to expand their residential portfolios. The asset consists of two distinct units located in a popular coastal market known for its seasonal tourism and steady year-round population. Wildwood Crest serves as a desirable destination within Cape May County, benefiting from regional proximity to major highways and consistent interest from those seeking beach-adjacent housing. The building configuration provides a straightforward investment for owners looking to manage a small-scale apartment asset in a well-established shore community. Potential use cases include long-term residential rentals or seasonal housing for the local tourism market. The layout supports efficient management for an owner-operator or an investor adding to an existing residential collection 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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