227 W Poplar Avenue

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227 W Poplar Avenue

Wildwood, NJ 08260-2431
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 located at 227 W Poplar Avenue
  • Asset consists of two distinct residential rental units
  • Property is situated within the Wildwood, New Jersey market
  • Investment potential within a coastal residential submarket
  • Asset structure supports efficient long-term rental management

What's Special

This two-unit multifamily apartment building sits at 227 W Poplar Avenue in Wildwood, New Jersey. The property provides a residential investment opportunity within a coastal municipality known for its seasonal tourism and stable year-round community. Positioned in a market with consistent demand for rental housing, this asset is well-suited for investors looking to expand a portfolio with a manageable multi-family holding. The layout and density of the structure align with traditional rental operations in the region. Wildwood serves as a primary hub for Cape May County, benefiting from its proximity to regional infrastructure and a steady influx of residents. Investors can evaluate this property for its income potential or as a long-term hold in an established New Jersey shore submarket. The site remains accessible to local amenities and transportation corridors, supporting its viability as a reliable residential rental asset.

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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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