5912 Pacific Avenue

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5912 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 featuring two individual residential units
  • Located at 5912 Pacific Avenue in Wildwood Crest
  • Situated within the popular Cape May County region
  • Suitable for either year-round or seasonal rental strategies
  • Positioned near major regional coastal transportation corridors

What's Special

Investors seeking to expand their residential holdings in Wildwood Crest will find this two-unit apartment building at 5912 Pacific Avenue a straightforward addition to a coastal portfolio. Situated in a popular Jersey Shore destination, the property is positioned to capture demand from seasonal visitors and year-round residents alike. The structure serves as a practical asset for those interested in long-term leasing or maintaining vacation rentals within this established seaside community. The coastal economy of Wildwood Crest benefits from consistent tourism traffic and a stable regional demographic. Proximity to local beaches and regional transit corridors enhances the appeal of this multifamily asset for tenants prioritizing accessibility to the coastline. This location provides a functional setting for property owners looking to leverage the recurring demand for housing in this specific submarket of Cape May County.

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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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