107 W Roberts Avenue

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107 W Roberts 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).

  • Multifamily apartment building located in Wildwood, New Jersey.
  • The property consists of two distinct residential units.
  • Positioned in a coastal market with consistent housing demand.
  • Strategically situated at 107 W Roberts Avenue.
  • Ideal asset for investors focused on the multifamily sector.

What's Special

Investors seeking to expand their portfolio will find this two-unit apartment building at 107 W Roberts Avenue in Wildwood, New Jersey, a practical acquisition for rental income. The property serves as a stable asset in a coastal market, benefiting from the consistent demand for seasonal and year-round housing common in this vibrant shore community. Its layout supports efficient management for those targeting the local multifamily market segment. Wildwood maintains a steady profile as a popular destination within the Cape May County region, supported by a tourism-driven economy and a stable base of residents. Owners of small-scale residential properties in this area benefit from proximity to local beaches and regional transit routes. The building offers potential for straightforward operation in a well-established submarket, providing a functional addition for buyers interested in the multifamily sector.

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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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