155 E Garfield Avenue

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155 E Garfield 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).

  • Four-unit apartment building located in Wildwood, New Jersey
  • Asset is currently available for purchase by investors
  • Property situated at 155 E Garfield Avenue zip 08260
  • Multifamily investment located in a popular coastal market
  • Standard residential layout designed for long-term rental occupancy

What's Special

This multifamily apartment building contains four units and is positioned at 155 E Garfield Avenue in Wildwood, New Jersey. The property provides a residential investment opportunity within a coastal municipality known for its seasonal tourism and stable year-round community. Wildwood benefits from its regional accessibility and proximity to the Atlantic shoreline, drawing consistent demand for apartment rentals from both local residents and seasonal occupants. Investors may find this asset suitable for long-term rental income strategies or potential repositioning within the local housing market. Its size and layout are designed to accommodate multiple households efficiently, making it a functional addition to a diversified real estate portfolio in this growing submarket of Cape May County.

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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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