216 W Juniper Avenue

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216 W 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).

  • Located at 216 W Juniper Avenue in Wildwood, New Jersey.
  • This multifamily asset comprises a total of 4 units.
  • Property is currently positioned for sale in the coastal market.
  • Positioned within a region known for steady tourism and residency.
  • Ideal for investors targeting multi-tenant residential rental income streams.

What's Special

Wildwood serves as a prominent coastal destination in New Jersey, drawing seasonal tourism and a consistent residential base to the Cape May County region. This multifamily property at 216 W Juniper Avenue provides an established residential footprint within this active shore community. The asset consists of 4 units, offering a straightforward acquisition for investors seeking to expand their portfolio within a high-demand vacation and rental market. Given the site location and building configuration, the asset is well-suited for long-term residential leasing or seasonal rental strategies. Investors benefit from the area's ongoing appeal as a regional hub for leisure and commerce, which supports steady occupancy levels for multifamily assets throughout the year. The property presents a functional layout suitable for management as a multi-tenant investment in a well-trafficked corridor of the Wildwood submarket.

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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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