226 E Hollywood Avenue

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226 E Hollywood Avenue

Wildwood Crest, NJ 08260-3524
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 asset located at 226 E Hollywood Avenue in Wildwood Crest.
  • The apartment building comprises a total of two residential units.
  • The site resides within the established coastal market of New Jersey.
  • Property density allows for flexible management as a rental investment.
  • Strategic position supports both short-term vacation and long-term lease models.

What's Special

Wildwood Crest serves as a prominent coastal destination in Southern New Jersey, offering proximity to the Atlantic shoreline and a stable regional tourism economy. Positioned at 226 E Hollywood Avenue, this apartment building provides an investment prospect within a popular vacation submarket known for its active seasonal housing demand. The property features two distinct units, making it an efficient asset for investors targeting smaller-scale multifamily holdings. The site benefits from its placement in a well-established residential area where rental housing remains in consistent demand from both seasonal visitors and long-term residents. Given its configuration, the asset is suitable for operators looking to manage a manageable multi-family footprint or those interested in a vacation rental model to capitalize on the coastal geography. The property coordinates place it within reach of key local thoroughfares, supporting accessibility throughout the Cape May County region.

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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

Location & Travel Times