211 - 213 Wildwood

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211 - 213 Wildwood

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 multifamily apartment building located in Wildwood, New Jersey.
  • Property situated at 211 - 213 Wildwood with coastal market access.
  • Strategic residential investment for portfolios focused on the Jersey Shore.
  • Well-positioned asset within an established Cape May County submarket.
  • Small-scale apartment configuration ideal for simplified management operations.

What's Special

Investors seeking a stabilized multifamily asset in a coastal market will find value in this four-unit apartment building located in Wildwood, New Jersey. The property provides a residential investment opportunity within a region known for its seasonal tourism economy and steady year-round population. The layout supports efficient management for those looking to expand their portfolio in the Cape May County area. Positioned near the shore, the building benefits from the accessibility of the Wildwood submarket. This asset type is suitable for long-term hold strategies or as a strategic addition to a local housing inventory. Proximity to regional thoroughfares allows for connectivity throughout the Jersey Shore, making this an accessible location for residents. Current ownership structures for small-scale multifamily holdings in this district often prioritize proximity to the coast and local employment hubs.

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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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