123 W Montgomery 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…

123 W Montgomery 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 three residential units for sale.
  • Situated at 123 W Montgomery Avenue in the 08260 zip code.
  • Asset provides potential for consistent rental income in coastal market.
  • Managed size allows for straightforward oversight of residential investments.

What's Special

Wildwood serves as a prominent coastal destination in New Jersey, drawing seasonal tourism and maintaining a steady year-round population. This multifamily apartment building at 123 W Montgomery Avenue sits within this established shore community, providing proximity to local commerce and regional transit corridors. The coastal location benefits from consistent seasonal demand and long-term interest in residential rentals within the Cape May County area. Spanning three individual units, the property functions as a straightforward residential investment within a dense suburban layout. Investors can leverage the asset for rental income strategies or explore opportunities to update the existing configurations to meet current market preferences. Its specific unit count makes it a manageable addition to a local portfolio, catering to either long-term tenants or seasonal occupants. The building is positioned to capitalize on the region's broader economic activity, which is largely driven by hospitality, service industries, and coastal living.

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