8102 Seaview Avenue

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8102 Seaview 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).

  • Located at 8102 Seaview Avenue in Wildwood Crest, New Jersey
  • Multifamily apartment building featuring a two-unit configuration
  • Asset serves as a viable option for residential rental investors
  • Property sits within an established southern New Jersey coastal market
  • Strategic location offers access to regional Cape May County amenities

What's Special

Investors seeking a stabilized multifamily acquisition in Wildwood Crest will find this two-unit apartment building at 8102 Seaview Avenue a practical addition to a coastal portfolio. Situated in a popular shore community, this property aligns well with long-term rental strategies or seasonal housing needs. The asset serves as a functional residential investment in a region characterized by its consistent tourism economy and proximity to Atlantic coastline attractions. The structure provides a manageable scale for localized property management in the southern New Jersey market. With its residential zoning and current configuration, this building offers an straightforward pathway for those looking to maintain occupancy in a high-demand vacation destination. Its position within Wildwood Crest ensures accessibility to local transit routes and the broader Cape May County employment centers, making it a viable choice for tenants prioritizing coastal lifestyle benefits. This multifamily building presents a clear opportunity for steady asset appreciation within this established residential submarket.

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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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