231 E Juniper Avenue

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231 E Juniper 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).

  • The asset consists of two residential apartment units.
  • Property is situated at 231 E Juniper Avenue in Wildwood.
  • This multifamily building is currently available for purchase.
  • The location benefits from steady regional housing market demand.
  • Asset serves as a practical option for real estate investors.

What's Special

This two-unit apartment building located at 231 E Juniper Avenue in Wildwood presents a functional investment option within the southern New Jersey coastal market. Situated in a region known for its seasonal tourism and stable local population, this property provides residential living space suitable for year-round tenants or vacation rentals. The multifamily structure offers an efficient layout designed for straightforward management and steady occupancy potential. Wildwood serves as a primary hub for commerce and recreation in Cape May County, benefiting from consistent summer influx and a reliable regional economy. Investors often seek this type of asset for its low-maintenance profile and the versatility of two-unit configurations. Prospective buyers can leverage the local housing demand to generate consistent cash flow in an accessible suburban environment.

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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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