210 W Burk Avenue

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210 W Burk 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).

  • Two-unit multifamily apartment building available for sale in Wildwood.
  • Located at 210 W Burk Avenue, NJ 08260.
  • The asset is positioned in a prominent coastal New Jersey market.
  • Property is suitable for residential investment or seasonal rental use.
  • Wildwood submarket experiences high demand from regional tourist activity.

What's Special

This two-unit multifamily apartment building is located at 210 W Burk Avenue in Wildwood, New Jersey. The property provides a residential investment opportunity within a well-known coastal market, drawing consistent seasonal demand typical of the Cape May County region. Residents here benefit from the proximity to the town’s expansive beaches and boardwalk, which remain primary economic drivers for the area throughout the summer months. Investors often target such assets in this market for potential long-term rental income or seasonal lodging use cases. Given the coastal location of Wildwood, this property is situated in a high-traffic destination that supports local tourism and a steady influx of visitors annually. The layout of the two units offers flexibility for owners looking to manage a small-scale asset in a popular shore community. The surrounding neighborhood features a mix of residential housing and commercial accessibility, contributing to the consistent appeal of this submarket for both tenants and property owners alike.

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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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