145 E Bennett Avenue

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145 E Bennett 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 address is positioned at 145 E Bennett Avenue.
  • Investment asset suitable for residential rental income streams.
  • Located within a prominent coastal destination in Cape May County.
  • Available for purchase in a established regional apartment submarket.

What's Special

This multifamily apartment building contains 3 units and is situated at 145 E Bennett Avenue in Wildwood, New Jersey. The property provides a residential investment opportunity within a coastal community known for its seasonal tourism and steady regional appeal. Wildwood serves as a prominent destination along the Jersey Shore, attracting consistent visitor traffic that supports local demand for varying types of housing. The layout of the three units offers flexibility for potential owners looking to manage a small-scale rental asset or capitalize on the market characteristics of Cape May County. Investors may find this asset suitable for long-term rental income or potential repositioning strategies in a well-established submarket that remains active throughout the year. The location balances proximity to shore amenities with convenient access to local infrastructure, making it a viable addition to a residential investment portfolio.

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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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