110 W 26th Street

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110 W 26th Street

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).

  • Located at 110 W 26th Street in Wildwood, New Jersey
  • Asset operates as a two-unit multifamily apartment building
  • Positioned within a coastal market with seasonal rental potential
  • Property offers direct access to established residential area amenities
  • Suitable investment for portfolio diversification in coastal regions

What's Special

Wildwood, New Jersey, serves as a prominent coastal community known for its seasonal tourism economy and steady year-round population. This multifamily property sits at 110 W 26th Street, positioned within a region that balances vacation accessibility with established residential neighborhoods. The asset functions as an apartment building, providing a potential revenue stream for investors looking to capitalize on the local rental market. With its specific configuration, this structure is well-suited for long-term residential housing or potential seasonal leasing strategies common to the Jersey Shore submarket. Investors will find this a straightforward addition to a portfolio focused on coastal real estate holdings. Its proximity to regional thoroughfares allows for efficient connectivity throughout the area, making it an accessible option for tenants seeking proximity to the beach and local business districts. The asset represents a focused opportunity to secure a residential building in a well-trafficked seaside destination.

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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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