206 E Maple Avenue

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206 E Maple 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 206 E Maple Avenue
  • Asset features a total of 2 individual residential units
  • Situated in the growing coastal market of Wildwood New Jersey
  • Functional residential investment property located in Cape May County
  • Professional asset suitable for immediate inclusion in rental portfolios

What's Special

Investors seeking a turnkey multifamily asset will find this apartment building in Wildwood, New Jersey, well-positioned for consistent rental demand. The property consists of 2 units, providing an efficient configuration for those expanding a residential portfolio in a coastal market. Wildwood remains a popular destination for seasonal visitors and year-round residents, benefiting from its established reputation as a shore community. This asset type is suitable for individual investors looking for a manageable addition to their holdings or for owners desiring a presence in a dynamic Cape May County submarket. The layout allows for straightforward operations and potential income stability within this growing region of the Jersey Shore. Whether considering a long-term hold or a strategic investment, the property serves as a functional piece of real estate in a central location on E Maple Avenue.

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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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