124 W Heather

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124 W Heather

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 property located at 124 W Heather in Wildwood Crest.
  • The apartment building consists of 3 distinct residential units.
  • Property is situated within the active Cape May County region.
  • Asset supports potential use for long-term or seasonal rental strategies.
  • Location provides access to regional tourism and local coastal amenities.

What's Special

The apartment building at 124 W Heather in Wildwood Crest features 3 units. This multifamily property sits in a popular coastal community, which serves as a seasonal destination in the South Jersey region. The location benefits from the steady influx of tourism and regional activity typical of the Cape May County area. Investors and property owners often utilize these multifamily assets for long-term residential leasing or as vacation rental units to capture seasonal demand from regional travelers. The property provides a tangible footprint in a established shore market. Given the scale and unit count, this building functions well for owner-operators or those looking to expand a residential portfolio within the local submarket. Wildwood Crest remains a consistent draw for both residents and visitors, supporting a stable environment for multifamily investment.

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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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