207 E Nashville Avenue

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207 E Nashville Avenue

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).

  • Located at 207 E Nashville Avenue in Wildwood Crest
  • Multifamily apartment building featuring a total of 3 units
  • Asset positioned within a prominent Cape May County destination
  • Suitable for residential rental income or seasonal lodging use
  • Property sits in a coastal market with consistent visitor activity

What's Special

This multifamily apartment building contains 3 units and is situated at 207 E Nashville Avenue in Wildwood Crest, New Jersey. The property provides a residential investment opportunity within this coastal borough known for its seasonal tourism and proximity to the Atlantic Ocean. Investors may find this asset suitable for a long-term hold, potential vacation rentals, or a manageable addition to an existing income-producing portfolio. Wildwood Crest maintains a stable residential character, making this type of small-scale multifamily housing a practical option for those looking to acquire inventory in a sought-after beach destination within Cape May County. The local market benefits from consistent visitor demand during the summer months, supporting stable occupancy trends for well-maintained apartment properties in the 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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