126 W Andrews Avenue

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126 W Andrews 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).

  • Four-unit multifamily apartment building available for purchase
  • Located at 126 W Andrews Avenue in Wildwood New Jersey
  • Positioned within an established coastal New Jersey residential market
  • Property size consists of four distinct residential rental units
  • Site access is supported by the regional Wildwood infrastructure

What's Special

Wildwood serves as a prominent coastal destination in New Jersey, drawing seasonal visitors and maintaining a consistent local population base. Situated at 126 W Andrews Avenue, this multifamily property occupies a central position within the borough, benefiting from proximity to regional transit corridors and the economic activity inherent to the Jersey Shore submarket. The area remains a popular choice for residents seeking access to the coast and reliable infrastructure. This apartment building consists of four residential units. The asset presents a functional layout suitable for rental income generation or long-term investment strategies. Given the demand for housing within this coastal municipality, the property serves as a stable addition to a portfolio focused on residential real estate. Investors often prioritize this submarket due to its capacity to support year-round tenancy and seasonal occupancy demands.

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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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