216 E Juniper Avenue

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216 E Juniper 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 immediate purchase
  • Property located at 216 E Juniper Avenue in Wildwood
  • Asset contains two distinct residential units for rent
  • Well suited for investors seeking manageable residential holdings
  • Located within the established Wildwood, New Jersey submarket

What's Special

This multifamily apartment building at 216 E Juniper Avenue in Wildwood, New Jersey, is available for sale, presenting a steady addition for an investor focused on the residential rental market. The property consists of two units, offering a straightforward management profile suitable for those looking to expand a portfolio or secure a base in this established coastal community. Wildwood maintains a consistent demand for housing driven by its regional appeal and proximity to the Jersey Shore coastline, which supports year-round residents and seasonal populations alike. The asset is positioned to serve individuals or small households seeking rental housing within the local submarket. As a dual-unit configuration, the property functions well as a managed rental investment, providing flexibility in operations. Investors will find the scale of this multifamily building manageable, fitting effectively into residential real estate strategies that prioritize stable unit counts in a known regional 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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