7411 Pacific Avenue

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7411 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).

  • Seven residential units comprise this multifamily apartment building asset.
  • The property is situated on Pacific Avenue in Wildwood Crest.
  • This building offers a location within a popular New Jersey seaside community.
  • Multifamily units provide potential for diverse rental income streams.
  • The site occupies a coastal position in the Cape May region.

What's Special

This seven-unit multifamily apartment building sits at 7411 Pacific Avenue in Wildwood Crest, New Jersey. The property provides a residential investment option in a coastal borough known for its seasonal tourism and steady rental demand. Residents benefit from the proximity to Atlantic beaches and the surrounding barrier island infrastructure that supports year-round community living and summer vacationers. Multifamily assets in this submarket often attract investors seeking consistent cash flow from a mix of seasonal tenants and long-term occupants. The layout of this building allows for efficient management of multiple rental streams within a single structure. Investors can leverage the location within Cape May County to capture interest from those prioritizing accessibility to the oceanfront and regional amenities. The property presents a practical addition to an existing portfolio focused on residential real estate along the Jersey Shore.

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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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