205 W Taylor Avenue

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205 W 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).

  • Multifamily apartment building located at 205 W Taylor Avenue
  • Asset features two individual residential rental units
  • Located in the coastal community of Wildwood New Jersey
  • Suitable for long-term residential or seasonal rental use
  • Situated near regional transit routes and local amenities

What's Special

This two-unit multifamily apartment building at 205 W Taylor Avenue in Wildwood, New Jersey, presents a residential investment opportunity within a well-established coastal market. The property occupies a strategic location in a region known for its seasonal tourism economy and stable year-round residential population, benefiting from its proximity to regional infrastructure and beach access. Apartment buildings of this scale in Wildwood are frequently utilized as long-term rental housing or seasonal vacation units given the consistent demand for seaside living. Investors or owner-occupants may find utility in the building's layout for diversified income streams or flexible housing arrangements. The site offers efficient access to the local commercial corridors and major thoroughfares that connect the southern New Jersey coastline to broader metropolitan areas. This asset type serves as a foundational component for those seeking a tangible stake in the local housing inventory, supported by the ongoing appeal of the Wildwood submarket.

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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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