233 E Juniper Avenue

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233 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 8 multifamily apartment units.
  • Property is situated at 233 E Juniper Avenue in Wildwood.
  • Located within the coastal 08260 zip code of New Jersey.
  • Multifamily building ideal for long-term or seasonal rental strategies.
  • Wildwood features a consistent year-round population and tourism demand.

What's Special

The apartment building at 233 E Juniper Avenue contains 8 units within the coastal community of Wildwood, New Jersey. This multifamily asset provides a residential housing option in a market characterized by seasonal tourism and a steady year-round population. Its location in the 08260 zip code allows for accessibility to the various amenities and commercial districts found throughout the Wildwood barrier island region. The property serves as a functional investment for those looking to maintain a portfolio in a established shore community. Potential use cases for this asset include long-term residential leasing or conversion to seasonal rental strategies depending on local zoning and market demands. Investors looking to acquire multifamily stock in a well-trafficked beach town will find the scale of this 8-unit building manageable for ongoing operations and tenant management. The regional economy relies heavily on the service and hospitality sectors, supporting consistent demand for residential units throughout the suburban-coastal landscape of South Jersey.

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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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