135 W Youngs Avenue

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135 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).

  • The asset comprises 2 residential apartment units for sale
  • Located in the coastal community of Wildwood, New Jersey
  • Property is situated at the address 135 W Youngs Avenue
  • Multifamily building offering potential for long-term residential rental income
  • Asset positioned in the growing regional market of Cape May County

What's Special

This multifamily apartment building contains 2 units and is situated at 135 W Youngs Avenue in Wildwood, New Jersey. The property provides a residential investment option in a coastal community known for its seasonal tourism economy and steady local population. The location offers accessibility to the surrounding regional infrastructure and local attractions that define this popular shore submarket. Given the configuration, the asset is suitable for investors seeking to maintain small-scale rental housing or those looking to expand a residential portfolio within the Cape May County area. The site occupies a strategic position within the local Wildwood market, benefiting from the area's established demand for housing. Its scale makes it an manageable entry point for a private investor focused on stable residential operations in a well-traversed vacation destination.

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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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