307 E Denver Avenue

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307 E Denver 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).

  • Two-unit apartment building located in Wildwood Crest, New Jersey
  • Asset type classified as a multifamily residential property
  • Situated within the coastal tourism market of Cape May County
  • Suitable for long-term rental or seasonal housing strategies
  • Located at 307 E Denver Avenue with easy local access

What's Special

Investors seeking to expand their residential portfolio will find this two-unit apartment building at 307 E Denver Avenue a practical addition to the Wildwood Crest market. The property serves as a stable asset within this popular coastal community, which maintains consistent appeal due to its proximity to the Atlantic shoreline and the broader Cape May County tourism economy. Its multi-family designation provides flexible options for long-term rental income or potential seasonal housing strategies common in the region. Wildwood Crest provides a stable environment for residential real estate, characterized by steady demand from both permanent residents and summer visitors. With its manageable scale, the building offers a straightforward management profile for those looking to establish or maintain a presence in the South Jersey beach market. This asset type remains a staple for those focusing on localized rental growth in an established seaside submarket.

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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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