126 W Andrews Avenue

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126 W Andrews Avenue

Wildwood, NJ 08260-1659
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 sale in Wildwood
  • Asset located within the 08260 zip code of New Jersey
  • Suitable investment scale for small-portfolio residential real estate owners
  • Property positioned to serve regional demand in Cape May County
  • Structure provides four distinct living units for potential rental income

What's Special

This multifamily apartment building at 126 W Andrews Avenue in Wildwood, New Jersey, is available for sale and presents a functional acquisition for residential real estate investors. The property consists of four individual units, making it an appropriate addition to a focused rental portfolio in this coastal market. Wildwood maintains a steady seasonal demand and a local population that benefits from the regional economy of Cape May County. The asset type allows for flexible management strategies, whether for long-term residential leasing or seasonal occupancy models common in southern New Jersey beach towns. Situated in a well-established submarket, this building provides proximity to local infrastructure and primary thoroughfares serving the barrier island community. Investors seeking a manageable scale of residential units will find this property aligns with standard asset management operations for small-scale apartment buildings. Its location within the 08260 zip code positions the asset to capitalize on the ongoing rental activity characteristic of this shore region.

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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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