2700 Hudson Avenue

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2700 Hudson 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).

  • Multifamily apartment building available for immediate sale in Wildwood.
  • Property features a total of 33 residential rental units.
  • Located at 2700 Hudson Avenue within Cape May County.
  • Coastal market positioned for consistent local and seasonal occupancy.
  • Asset size provides scale for diverse investment portfolio strategies.

What's Special

This multifamily apartment building at 2700 Hudson Avenue in Wildwood, New Jersey, is available for sale, presenting a potential acquisition for investors focused on the coastal residential market. The property comprises 33 units, providing significant scale for a portfolio addition within this well-known shore community. Wildwood serves as a prominent seasonal destination in the region, drawing consistent interest from visitors and long-term residents seeking access to the Atlantic coastline. Its location in this specific Cape May County market positions the asset for steady rental demand throughout the calendar year. The layout and unit count make this building suitable for institutional or private investors aiming to optimize occupancy in a dense residential setting. Given the nature of Wildwood, the property could serve as a functional rental investment targeting local workforce housing or seasonal tenants. Its positioning near regional transit corridors allows for reasonable connectivity to the broader South Jersey area, maintaining its utility for various demographics of residents looking for manageable apartment living near the ocean.

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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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