5606 Pacific Avenue

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5606 Pacific 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).

  • Multifamily asset located at 5606 Pacific Avenue in Wildwood Crest
  • Building configuration consists of 3 distinct residential apartment units
  • Situated within the popular Cape May County coastal real estate market
  • Asset type suitable for long-term or seasonal rental investment strategies
  • Property occupies a residential setting near established municipal shore attractions

What's Special

This multifamily apartment building contains 3 units in Wildwood Crest, New Jersey. Located at 5606 Pacific Avenue, the asset provides a residential investment opportunity in a coastal market known for its seasonal demand and proximity to local shore attractions. Wildwood Crest maintains a distinct character that appeals to both long-term tenants and vacationers, supported by the broader regional economy of the Cape May County area. The property structure offers flexibility for investors looking to hold residential real estate in a desirable beachfront submarket. Given the configuration and unit count, the building is well-positioned for traditional long-term rentals or potential seasonal leasing strategies. The surrounding area features established residential neighborhoods and access to municipal amenities, contributing to the consistent appeal of this coastal location for rental operations.

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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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