129 W Youngs Avenue

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129 W Youngs 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
  • Asset features a total of two residential units
  • Situated within the popular coastal region of Cape May County
  • Suitable for long-term rental or seasonal housing strategies
  • Property positioned in a high-demand regional tourism market

What's Special

This multifamily apartment building contains two units and is situated at 129 W Youngs Avenue in Wildwood, New Jersey. The property provides a residential investment option within a popular coastal community known for its seasonal tourism and steady regional population. Investors may consider this asset for long-term rental income or potential short-term leasing given the geographic location in a prominent shore town. Wildwood serves as a recognizable destination within the Cape May County area, benefiting from steady foot traffic during the summer months and local infrastructure supporting both residents and visitors. The building configuration suits a small-scale portfolio addition or a focused investment in a market that remains a focal point for the regional economy. Prospective owners can evaluate the utility of the two units to capitalize on the sustained demand for housing in this New Jersey shore market.

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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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