2701 Pacific Ave

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2701 Pacific Ave

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 purchase in Wildwood.
  • Property located at 2701 Pacific Ave in New Jersey.
  • The building structure consists of two residential units.
  • Suitable asset for investors targeting small-scale rental properties.
  • Positioned within an active coastal submarket in the region.

What's Special

This multifamily apartment building for sale in Wildwood, New Jersey, presents a functional acquisition for investors seeking residential assets in a coastal market. Situated at 2701 Pacific Ave, the property comprises two individual units. The asset provides a straightforward configuration for those looking to expand a rental portfolio or manage a small-scale income property. Wildwood serves as a prominent destination within the regional tourism economy, maintaining consistent demand for seasonal and year-round housing options. Given its layout and location, this building is well-suited for a landlord focused on straightforward residential management or a long-term investor interested in a manageable property footprint. The local submarket benefits from its proximity to established shore infrastructure and accessibility to regional transit corridors, providing a stable environment for apartment operations. Prospective buyers can leverage the existing unit count to capitalize on the steady occupancy trends typically seen in this section of the Atlantic coastline.

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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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