6601 Pacific Avenue

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6601 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).

  • This multifamily asset comprises six total apartment units
  • Located at 6601 Pacific Avenue in Wildwood Crest
  • The property functions as a dedicated apartment building
  • Wildwood Crest is a established shore community in New Jersey
  • Site supports diverse residential rental and investment strategies

What's Special

6601 Pacific Avenue is a six-unit multifamily apartment building situated in the coastal community of Wildwood Crest, New Jersey. This asset provides a residential footprint within a popular vacation destination known for its proximity to shore points and seasonal tourism activity. The property supports a range of rental strategies given its location in a region characterized by consistent demand for housing throughout the summer months and stable year-round occupancy. Investors may evaluate this building for its potential as a long-term rental holding or a focused investment in the local multifamily sector. The site layout allows for efficient management of multiple units in a compact coastal footprint. Proximity to major regional transit corridors facilitates access to the wider Cape May County area, supporting the building's appeal for both tenants and owners looking for stable residential assets in a developed shore town environment.

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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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