126 E Hildreth Avenue

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126 E Hildreth 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 available for sale in Wildwood, New Jersey.
  • The residential property contains a total of six individual units.
  • Located at 126 E Hildreth Avenue within a popular coastal market.
  • Asset profile suits investors seeking steady rental income in tourism hubs.
  • Well-positioned in a high-traffic region of Cape May County.

What's Special

Wildwood serves as a prominent coastal destination in New Jersey, drawing consistent seasonal traffic and maintaining a steady rental demand within the local housing market. This multifamily asset occupies a strategic position at 126 E Hildreth Avenue, contributing to the available residential inventory in a region known for its tourism-driven economy and accessible seaside lifestyle. The property comprises six individual units designed for apartment use, presenting a functional scale for investors looking to establish or expand a presence in this specific Cape May County submarket. Given the density and layout, the building is suited for a variety of residential configurations ranging from long-term rentals to seasonal accommodations for the area's workforce or vacationers. Proximity to the coast and local transit corridors enhances the accessibility of the site, making it a practical choice for those focused on income-producing assets in a popular vacation-oriented community.

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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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