136 E Taylor Avenue

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136 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).

  • Three-unit multifamily apartment building located in Wildwood, New Jersey.
  • Property situated at 136 E Taylor Avenue within a residential corridor.
  • Small-scale investment opportunity suitable for long-term or seasonal rental strategies.
  • Asset maintains a functional layout for residential housing operations.
  • Located in a coastal region with consistent regional housing demand.

What's Special

Wildwood serves as a prominent coastal community in New Jersey, drawing consistent seasonal interest and maintaining a steady local population base. Situated at 136 E Taylor Avenue, this multifamily asset benefits from its position within a well-established residential submarket. The property consists of three individual apartment units, providing a manageable scale for investors looking to expand their residential holdings in a shore town environment. The apartment building configuration lends itself to a variety of operational strategies, including long-term rental income or potential seasonal housing solutions. Investors will find that the local market demand for housing in this specific region remains influenced by both year-round residents and the broader regional tourism appeal of Cape May County. The layout of this structure offers an efficient footprint for residential leasing operations while maintaining access to local transit corridors and community infrastructure. This asset represents a straightforward addition to a diversified real estate portfolio focused on multifamily residential properties.

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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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