136 E Hildreth Avenue

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136 E Hildreth 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 residential building located in Wildwood, New Jersey.
  • Property contains three distinct rental apartment units.
  • Situated on E Hildreth Avenue in the 08260 zip code.
  • Investment asset suitable for long-term or seasonal rental strategies.
  • Located within the established Cape May County coastal market.

What's Special

Wildwood serves as a prominent coastal community in Cape May County, drawing consistent seasonal and year-round interest due to its proximity to the Atlantic shoreline and local tourism economy. This multifamily apartment building sits on E Hildreth Avenue, providing a footprint within an established residential neighborhood in the 08260 zip code. The property functions as a three-unit residential asset, suitable for investors seeking to build or maintain a rental portfolio in this high-demand shore submarket. Apartment buildings of this scale represent a stable asset class for owners managing small-to-mid-sized residential portfolios. Given the current configuration, the site accommodates long-term housing needs or potential seasonal rental arrangements common throughout coastal New Jersey. Prospective buyers will find this building positioned in an area with steady connectivity to regional transit routes and local commerce. Its straightforward layout allows for efficient management, making it a functional addition to various real estate investment strategies focusing on multi-family residential growth in the coastal corridor.

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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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