207 E Buttercup Road

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207 E 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 property consists of three individual apartment units.
  • This multifamily building is situated in Wildwood Crest, New Jersey.
  • The location benefits from steady demand within Cape May County.
  • Suitable for investors managing residential rental housing units.
  • Coastal site supports seasonal and long-term rental business models.

What's Special

This three-unit multifamily apartment building sits in the coastal municipality of Wildwood Crest, New Jersey. The property serves as a manageable asset for investors targeting the regional rental market, which benefits from the steady seasonal and residential demand characteristic of Cape May County. The site offers proximity to local shore amenities and essential infrastructure, making it a viable selection for those seeking to maintain a residential rental portfolio in an established beach community. Its compact footprint supports efficient management for a small-scale owner while providing consistent utility in a high-demand vacation submarket. Investors and local operators will recognize the potential for this multi-unit structure to serve both long-term residents and the influx of visitors during the summer season. The building remains positioned to capture value within the broader Wildwood submarket, where proximity to the coastline remains a primary driver for housing utilization. Strategic renovations or operational adjustments can further optimize performance for this income-producing asset.

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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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