145 and 147 W Buttercup Road

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145 and 147 W Buttercup 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).

  • The asset is a five-unit multifamily apartment building.
  • Property is located at 145 and 147 W Buttercup Road.
  • Wildwood Crest is a established coastal market in New Jersey.
  • This listing is currently available for purchase by investors.
  • The site is located within the 08260 zip code area.

What's Special

Wildwood Crest is a coastal destination in Cape May County that experiences significant seasonal activity and consistent demand for housing. Situated at 145 and 147 W Buttercup Road, this multifamily apartment building occupies a strategic position within the local market. The asset comprises five residential units, providing a manageable scale for investors looking to establish or expand a presence in this shoreline municipality. The location offers accessibility to regional amenities and maintains appeal for both year-round and seasonal occupants. Given the property configuration, it represents a straightforward addition to a rental portfolio in a recognizable New Jersey coastal submarket. This apartment building is suitable for an investor focused on multifamily holdings, offering utility for various residential leasing strategies within this established residential 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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