109 W Maple Avenue

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109 W Maple 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 at 109 W Maple Avenue
  • Asset features a total of 2 residential units
  • Property is situated within the coastal town of Wildwood
  • Strategic location within the active Cape May County market
  • Suitable for investors managing small-scale residential rental portfolios

What's Special

This multifamily apartment building contains 2 units and is situated at 109 W Maple Avenue in Wildwood, New Jersey. The property provides a straightforward acquisition for investors focused on small-scale residential holdings within this coastal market. Wildwood maintains a steady seasonal economy centered on tourism and recreation, drawing consistent interest for rental accommodations near the shore. With its compact footprint, the asset functions well for long-term hold strategies or as a managed rental property for those seeking a presence in a popular seaside destination. The location serves as a practical base for residents looking to access regional beaches and local commercial corridors. This asset represents a functional addition to a diverse residential portfolio looking for stability in a well-established submarket of Cape May County.

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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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