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This multifamily apartment building contains 5 units and is located at 228 E Hand Avenue in Wildwood, New Jersey. Situated in a coastal market, the property benefits from the seasonal activity and long-term residential demand characteristic of this region. Multifamily assets in this area serve as stable investments for those looking to capture rental income from both permanent residents and summer seasonal workers or visitors. The site’s positioning allows for convenient access to the local amenities and the broader Cape May County economy, which is heavily supported by tourism and service-based industries. Investors may consider various strategies for this asset, including value-add renovations to modernize individual units or maintaining the current configuration as a hold for steady cash flow. The structure provides a functional layout suitable for a range of rental demographics within the Wildwood market.
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