129 E Taylor Avenue

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129 E Taylor 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 purchase in Wildwood
  • Property consists of two distinct rental units for occupants
  • Asset located at 129 E Taylor Avenue within New Jersey
  • Investment opportunity situated in a established coastal residential market
  • Structure serves as a viable option for residential rental income

What's Special

This multifamily apartment building at 129 E Taylor Avenue in Wildwood, New Jersey, is currently available for sale. Comprising two individual units, the property presents a practical acquisition for investors seeking to expand their residential portfolio in a coastal market. The asset is positioned within a well-known shore community that experiences significant seasonal activity and consistent demand for rental housing. Investors can leverage this property as a stable income-generating asset, suitable for long-term residential leasing or as a manageable addition to a broader investment strategy. The location offers proximity to the regional amenities of Wildwood, serving a consistent pool of tenants throughout the year. With its manageable size and straightforward layout, the building functions as an efficient entry point or complementary asset for those focused on small-scale multifamily holdings in the Southern New Jersey 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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