115 W 26th

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115 W 26th

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).

  • Three-unit multifamily apartment building available for sale
  • Located at 115 W 26th in Wildwood, New Jersey
  • Positioned within a prominent coastal vacation market
  • Asset suitable for residential or short-term rental use
  • Located in the regional hub of Cape May County

What's Special

Investors seeking a residential holding in a coastal market will find this three-unit apartment building at 115 W 26th in Wildwood, New Jersey, a practical addition to an income-focused portfolio. Situated within a popular shore community, this asset provides the flexibility to cater to year-round tenants or seasonal visitors seeking access to the Atlantic coastline. The property layout supports efficient management for those looking to establish or expand a presence in the Cape May County rental market. Wildwood remains a consistent destination for regional tourism, bolstered by its proximity to beaches and boardwalk attractions. This location offers connectivity to broader South Jersey transit routes, making it a functional choice for tenants commuting or traveling for leisure. Multifamily assets of this scale provide a balanced entry point into the local housing sector, offering potential for steady cash flow while benefiting from the persistent demand for rental housing in this well-known seaside 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

Location & Travel Times