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).

  • Four-unit apartment building available for sale in Wildwood
  • Asset is situated at 214 E Hildreth Avenue
  • Multifamily residential building located in Cape May County
  • Suitable investment property for active residential portfolios
  • Region features consistent rental demand near the coastline

What's Special

Investors seeking a multifamily asset in Wildwood, New Jersey, should evaluate this four-unit apartment building located at 214 E Hildreth Avenue. This property sits within a well-established coastal community, providing access to regional transit routes and local amenities. As a residential investment, the building is positioned to appeal to tenants looking for proximity to the shore, offering a stable addition to a diverse real estate portfolio. Wildwood remains a popular destination in the Cape May County submarket, supported by seasonal tourism and a consistent demand for rental housing. The layout of the four units allows for efficient management, making this a practical acquisition for private investors or professional property management groups aiming to expand their local footprint. Prospective buyers can capitalize on the inherent functionality of this apartment building to serve the ongoing housing needs of this active seaside market.

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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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