307 E Leaming Avenue

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307 E Leaming 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 307 E Leaming Avenue
  • Asset consists of 2 distinct residential rental units
  • Property is situated within the Wildwood, New Jersey market
  • Well-positioned for seasonal or long-term coastal residential rentals
  • Located in an active Jersey Shore tourist destination

What's Special

This multifamily apartment building contains 2 units and is positioned in Wildwood, New Jersey. Located within the popular Jersey Shore region, this coastal submarket experiences significant seasonal demand, drawing a steady stream of vacationers and long-term residents seeking proximity to the Atlantic coast. The property structure is well-suited for an investor looking to capitalize on the rental demand characteristic of this seaside destination. Given the unit configuration, this asset presents a straightforward management profile suitable for private investors or those managing small residential portfolios. The location benefits from the area's established tourism economy and accessibility to local retail and dining hubs. Future owners may utilize this site to provide housing for the local workforce or accommodate the seasonal rental market that defines this barrier island community.

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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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