301 W Pine Avenue

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301 W Pine 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 located at 301 W Pine Avenue.
  • Property consists of two distinct residential rental units.
  • Situated within the popular shore community of Wildwood New Jersey.
  • Asset offers potential for long-term or seasonal rental income.
  • Located in a region with consistent demand for housing.

What's Special

Investors seeking to expand their residential holdings in Wildwood will find this two-unit apartment building at 301 W Pine Avenue a practical addition to a real estate portfolio. This multifamily property provides a functional layout suitable for long-term residential leasing or seasonal rental strategies given the coastal location in New Jersey. Wildwood serves as a prominent destination within the Cape May region, benefiting from consistent tourism and local economic activity that sustains demand for rental housing throughout the calendar year. The property occupies a convenient position within the city, allowing residents access to local amenities and regional thoroughfares. As a smaller multifamily asset, it represents a manageable scale for private investors focused on income-generating residential real estate. The building is well-situated to attract tenants looking for consistent access to the amenities of this growing shore market.

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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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