104 W Rio Grande Avenue

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

104 W Rio Grande 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 building located in Wildwood, New Jersey
  • Asset is currently available for purchase in Cape May County
  • Property position offers accessibility to local barrier island amenities
  • Multifamily configuration supports long-term or seasonal rental strategies
  • Located at 104 W Rio Grande Avenue in the 08260 zip code

What's Special

The four-unit apartment building at 104 W Rio Grande Avenue serves as a distinct investment opportunity within the Wildwood market. Located in a coastal New Jersey municipality, this multifamily asset occupies a key position that benefits from the region's seasonal tourism economy and year-round residential demand. The site sits within proximity to regional infrastructure, supporting easy access to the surrounding barrier islands and mainland communities that characterize this part of the Jersey Shore. Investors may find value in the building's current configuration, which aligns with standard multifamily operations. The property is well-suited for a buy-and-hold strategy, catering to either long-term rental tenants or short-term vacation occupants depending on local zoning and market conditions. Wildwood's established reputation as a travel destination provides a consistent baseline for occupancy, making this an addition to a residential real estate portfolio seeking exposure to a stable coastal submarket.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

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

Location & Travel Times