103 W Taylor Avenue

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103 W Taylor Avenue

Wildwood, 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).

  • Four-unit multifamily residential building currently available for sale
  • Located on W Taylor Avenue in the city of Wildwood
  • Strategic position within a prominent New Jersey coastal submarket
  • Suitable asset for residential rental investment or portfolio growth
  • Well-situated for regional access within Cape May County

What's Special

This four-unit multifamily apartment building at 103 W Taylor Avenue in Wildwood, New Jersey, provides a manageable residential investment in a prominent coastal destination. The property sits within the Wildwood market, a region known for its seasonal tourism economy and strong demand for short-term and long-term rental housing. Its location near the coastline makes it a practical selection for investors targeting the beach-market rental sector or those looking to expand a portfolio of smaller multi-family residential assets in a high-traffic area. The configuration of these four units allows for flexibility in lease structuring, whether for year-round residents or seasonal visitors attracted to the local boardwalk and recreational amenities. Proximity to major regional routes facilitates access for both residents and visitors throughout the Cape May County area, supporting consistent interest in well-maintained apartment stock. Investors should consider the potential for yield optimization through operational efficiencies or long-term value appreciation within this active shore 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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