229 E Maple Avenue

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229 E Maple Avenue

Wildwood, NJ 08260-4930
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).

  • Four-unit residential apartment building currently available for purchase
  • Located at 229 E Maple Avenue in Wildwood, New Jersey
  • Asset situated within the 08260 zip code of Cape May County
  • Multifamily investment offering a stable footprint in a coastal market
  • Property geography supports potential for both annual and seasonal rentals

What's Special

This multifamily asset at 229 E Maple Avenue in Wildwood, New Jersey, is currently available for purchase and serves as an efficient addition to a residential investment portfolio. Featuring four distinct apartment units, the building fits well within the coastal landscape of a popular shore destination known for its steady seasonal demand and consistent regional tourism traffic. The property provides a clear opportunity for investors seeking a stabilized rental asset within the established 08260 zip code. Given the unit count and local market characteristics, this apartment building is well-positioned to attract long-term tenants or seasonal occupants looking for proximity to the coast. The location benefits from being part of a well-traveled region in Cape May County, which continues to draw visitors and residents alike, supporting a viable environment for residential management and leasing operations.

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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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