127 W Columbine Road

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127 W Columbine 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).

  • Four-unit residential apartment building available for purchase
  • Located in the coastal town of Wildwood Crest, New Jersey
  • Suitable for long-term residential or seasonal rental strategies
  • Positioned in a popular destination along the Jersey Shore
  • Manageable scale for individual or small-scale property investors

What's Special

This four-unit multifamily apartment building sits in the coastal municipality of Wildwood Crest, New Jersey. The property serves as a stable asset for investors looking for residential holdings in a high-demand seasonal market. With four distinct units, the building provides a manageable scale for localized property management and consistent rental income potential. The Wildwood Crest submarket benefits from strong tourism-driven demand and regional appeal, drawing steady interest from both long-term residents and seasonal vacationers. Investors may consider various strategies, including conventional annual leasing or seasonal rental operations to optimize cash flow given the shore-town location. The site offers proximity to area amenities and the surrounding residential density characteristic of the Cape May County coastline, ensuring persistent interest from prospective tenants. This asset presents a clear opportunity for those seeking to expand a residential portfolio within a established coastal community.

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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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