133 W Youngs Avenue

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133 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 available for sale in Wildwood
  • Property features a total of eight residential units
  • Located at 133 W Youngs Avenue in New Jersey
  • Asset is situated within the popular 08260 zip code
  • Suitable for investors targeting small-scale residential rental portfolios

What's Special

Investors seeking to expand their residential holdings in a shore-front community will find this 8-unit multifamily apartment building a functional addition to a portfolio. The asset is positioned in Wildwood, New Jersey, a coastal destination known for its seasonal tourism economy and dense summer population. This apartment building supports a steady rental strategy, providing a consistent housing option for residents in the 08260 zip code. The layout is structured to accommodate multiple tenancies, making it an efficient acquisition for those managing smaller-scale residential assets within the Atlantic County region. Its central location allows for straightforward access to the regional transit corridors that serve the broader South Jersey coastline. This property serves as a practical vehicle for operators looking to stabilize their rental income in a well-established 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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