5708 Park Boulevard

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5708 Park Boulevard

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 sale in Wildwood Crest
  • Total asset composition features three individual residential units
  • Located at 5708 Park Boulevard within Cape May County
  • Well positioned in a prominent New Jersey coastal submarket
  • Suitable for an investor targeting the regional housing sector

What's Special

Wildwood Crest is a coastal community in Cape May County, New Jersey, characterized by its seasonal tourism economy and proximity to the Atlantic shoreline. This multifamily asset located at 5708 Park Boulevard provides a residential investment opportunity within the established beach town market. The building consists of three units, suitable for an investor looking to capitalize on either long-term rental demand or seasonal housing requirements common in this barrier island region. The property’s position on Park Boulevard offers access to local amenities and regional traffic arteries that serve the broader Jersey Shore area. Given the consistent demand for coastal living, this apartment building serves as a practical addition to a residential investment portfolio focused on the mid-Atlantic market.

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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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