207 E Nashville

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207 E Nashville

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 features a total of 3 residential rental units
  • Located at 207 E Nashville in the 08260 zip code
  • Coastal market with consistent appeal for seasonal and year-round tenants
  • Directly positioned within the active Cape May County regional landscape

What's Special

This multifamily asset in Wildwood Crest is currently available for sale, presenting a straightforward investment opportunity for residential property owners or portfolio expanders. The property consists of 3 units, functioning as an apartment building within a coastal New Jersey market known for its tourism-driven economy and seasonal demand. Positioned at 207 E Nashville, the site benefits from the regional accessibility characteristic of the Cape May County area, which attracts both long-term residents and vacationers. Prospective buyers can explore various management strategies, ranging from traditional annual leasing to seasonal rental models common throughout this beach-focused submarket. The configuration of the 3 units allows for potential income diversification, making this a suitable addition for investors focused on small-scale residential holdings in a established suburban shore 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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