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Investors seeking to expand their portfolio will find this 6-unit apartment building at 245-247 E Taylor Avenue a practical addition in the Wildwood, New Jersey market. The property provides a residential foundation in a popular coastal community, known for its seasonal economic activity and steady demand for rental housing. As an established multifamily asset, this building is positioned to cater to long-term residents or those participating in the regional tourism economy that defines this submarket. The layout supports efficient property management and serves as a functional hold for owners looking to capitalize on Wildwood’s position within Cape May County. With its density and unit count, this building offers a straightforward path to stabilizing cash flow in a high-demand vacation destination. Future owners can leverage the proximity to local services and regional attractions to attract quality tenants. The asset remains well-situated for those focused on core multifamily investments in a established residential pocket.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.