140 E Leaming Avenue

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

140 E Leaming 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 property features a total of nine distinct residential apartment units.
  • The building is situated on East Leaming Avenue within Wildwood, New Jersey.
  • This multifamily asset operates within a robust coastal residential rental market.
  • Investors can utilize the building for long-term residential housing income.
  • The location is positioned near regional amenities in the Cape May area.

What's Special

This multifamily apartment building contains 9 units and occupies a position at 140 E Leaming Avenue in Wildwood, New Jersey. Situated in a popular coastal destination, the property serves as a stable asset within a market known for its seasonal tourism and steady demand for residential housing. Investors and owners of multifamily portfolios often find such properties ideal for long-term rental income or as a value-add project in a well-established submarket. The location benefits from proximity to the regional attractions and infrastructure that define the Cape May County area. Given the unit count and property type, this asset provides an accessible entry point or expansion opportunity for those seeking to hold residential real estate in a supply-constrained shore environment. The layout supports efficient management and consistent occupancy, making it a functional addition to a diverse real estate investment strategy.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

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

Location & Travel Times