228-230 E Garfield Avenue

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

228-230 E Garfield Avenue

Wildwood, NJ 08260-0000
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).

  • Ten-unit apartment building located in Wildwood, New Jersey.
  • Strategic coastal location within the Cape May County market.
  • Asset provides consistent rental income potential for residential investors.
  • Well-suited for an owner-operator seeking a manageable scale.
  • Positioned within an established residential neighborhood in Wildwood.

What's Special

Investors seeking to expand their residential holdings in the Wildwood, New Jersey market will find this ten-unit apartment building a functional addition to a portfolio. The asset provides a steady source of housing in a region characterized by its coastal appeal and seasonal tourism economy. This property serves as a stable base for rental income within a community that maintains consistent demand for multifamily living arrangements. The location allows for efficient access to regional transit routes and local commercial corridors, supporting both short-term and long-term occupancy needs. Given the scale of the building, it represents a manageable scale for an owner-operator or an investor looking to establish a footprint in the Cape May County submarket. The layout and unit count provide the flexibility necessary to accommodate diverse tenant profiles common in this area of the Jersey Shore. Prospective buyers should note the strategic positioning of the site within a well-established residential area.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

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

Location & Travel Times