211-13 W Wildwood Avenue

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211-13 W Wildwood Avenue

Wildwood, NJ 08260
Asking Price
$1.50M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Wildwood
  • Total building footprint encompasses four individual residential units
  • Asset is currently offered at an asking price of $1,500,000
  • Located within the established community of Cape May County
  • Positioned in a region defined by coastal residential demand

What's Special

Investors seeking an income-generating multifamily asset should consider this four-unit apartment building for sale at 211-13 W Wildwood Avenue in Wildwood, New Jersey. Situated in a popular coastal community, the property benefits from the seasonal activity and long-term residential demand characteristic of Cape May County. The site provides a straightforward addition to a regional rental portfolio, suited for buyers focused on stabilized multifamily holdings in a well-established market area. Wildwood maintains a consistent profile as a prominent shore destination, supported by a mix of tourism-driven business and year-round local residents. This asset allows for immediate positioning within a high-traffic submarket known for its accessibility to regional highways and coastal amenities. The property offers a clear value proposition for those looking to acquire residential rental stock in a recognizable New Jersey municipality.

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

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