8204 Pacific Avenue

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8204 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).

  • Three-unit multifamily asset situated in Wildwood Crest
  • Residential property located at 8204 Pacific Avenue
  • Investment opportunity within the Cape May County market
  • Structure suitable for long-term or seasonal rental strategies
  • Asset provides direct access to coastal area amenities

What's Special

This three-unit multifamily apartment building located at 8204 Pacific Avenue in Wildwood Crest, New Jersey, presents a residential investment asset within a coastal market. Wildwood Crest maintains a consistent demand for housing driven by its seasonal tourism and proximity to regional shoreline amenities. Given the structure of this property, it serves as a functional acquisition for investors focusing on small-scale multifamily holdings or those looking to expand a portfolio within the Cape May County area. The layout provides potential for long-term rental income or transitional living arrangements. Occupants benefit from the location's access to local beaches and the broader thoroughfares that connect the southern New Jersey coastal communities. This asset remains well-positioned for those identifying stable residential opportunities in a established seaside municipality.

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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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