225 E cresse Avenue

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225 E cresse 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).

  • Six-unit multifamily apartment building located in Wildwood, New Jersey.
  • Property is positioned at 225 E Cresse Avenue for rental income.
  • The site sits within a primary coastal residential submarket area.
  • Asset provides a residential investment opportunity for diverse portfolios.
  • Location benefits from steady housing demand in Cape May County.

What's Special

Investors seeking to expand their portfolio will find this six-unit apartment building at 225 E Cresse Avenue a practical acquisition in the Wildwood, New Jersey market. The property serves as a stable residential asset within a coastal region that experiences significant seasonal activity and steady long-term housing demand. Its configuration as a multi-family structure provides a clear path for revenue generation through residential leasing in a well-established submarket. Wildwood maintains a unique position within the Cape May County housing landscape, benefiting from both tourism-driven commerce and a consistent year-round population base. This asset type is suitable for those managing local rental operations or seeking to establish a footprint in this part of the Jersey Shore. The location offers accessibility to regional transportation corridors and local infrastructure essential for maintaining tenant occupancy. With six distinct units, the property offers a scalable approach to residential investment within this coastal community.

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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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