306 W Youngs Avenue

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306 W Youngs 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).

  • Six-unit multifamily apartment building located in Wildwood, New Jersey.
  • Property is situated at the address of 306 W Youngs Avenue.
  • The asset provides consistent rental utility in a popular shore market.
  • Well-suited for investors focused on stabilized residential income streams.
  • Coordinates for the site are recorded at 38.9901, -74.8222.

What's Special

Investors seeking to expand their portfolio will find this six-unit multifamily apartment building at 306 W Youngs Avenue a practical addition. Situated in Wildwood, New Jersey, the property serves the local rental housing demand within this coastal market. The asset occupies a strategic position near the Atlantic shoreline, providing accessibility to regional tourism and year-round residential communities that define this shore destination. Given the unit count, this building is well-suited for a stabilized rental strategy or as an entry-level acquisition for those managing multiple residential holdings. The structure functions efficiently within the established residential landscape of Wildwood, benefiting from the consistent demand for apartment living in the area. Its configuration allows for straightforward management while capitalizing on the density found within this popular Cape May County location.

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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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