232 W Maple Avenue

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232 W Maple Avenue

Wildwood, NJ 08260-3816
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).

  • Two-unit apartment building located in Wildwood, New Jersey
  • Asset is situated at the address 232 W Maple Avenue
  • Multifamily investment property within the 08260 zip code
  • Small-scale residential building suitable for focused management strategies
  • Region features a mix of seasonal and permanent housing demand

What's Special

This two-unit multifamily property sits at 232 W Maple Avenue in Wildwood, New Jersey. The building structure provides a direct investment play within a coastal market known for its seasonal tourism and steady year-round residential population. Given the configuration, the asset serves as a functional choice for investors seeking a small-scale multi-family holding in the 08260 zip code. The local economy benefits from the regional draw of the Wildwood boardwalk and surrounding attractions, which drive consistent rental demand across the area. Prospective owners might consider this site for long-term rental income or potential owner-occupant strategies, taking advantage of the manageable unit count. Its placement within the borough offers straightforward access to local transit routes and established residential corridors throughout Cape May County.

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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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