214 E Hildreth Avenue

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214 E Hildreth 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 available for sale in Wildwood
  • Asset features a total of four individual residential units
  • Located at 214 E Hildreth Avenue in coastal New Jersey
  • Suitable for investors targeting small-scale residential rental properties
  • Positioned within a region characterized by consistent seasonal demand

What's Special

Investors seeking to expand their residential portfolio will find this four-unit multifamily asset in Wildwood, New Jersey, a practical addition. Situated at 214 E Hildreth Avenue, the property operates as an apartment building within a coastal market that experiences seasonal tourism and consistent year-round demand. The unit density makes this an accessible entry point for those looking to manage a small-scale rental property in a well-established shore community. Proximity to local commerce and municipal services ensures the site remains functional for long-term tenants or seasonal occupants. This type of asset supports steady rental income strategies in a region known for its density and historical appeal to both visitors and local residents. The location provides stable access to the regional infrastructure of Cape May County, facilitating straightforward management and transit across the area.

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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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