3101 Park Boulevard

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3101 Park Boulevard

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 asset located at 3101 Park Boulevard in Wildwood
  • Property contains a total of three residential units
  • Located within the coastal market of Cape May County
  • Asset represents a manageable residential investment opportunity
  • Positioned for potential long-term rental income generation

What's Special

This multifamily property at 3101 Park Boulevard in Wildwood, New Jersey, is currently available for sale. The asset includes three distinct units, providing a functional investment opportunity for those focused on residential income streams or small-scale portfolio expansion. Wildwood is a well-established coastal destination that experiences significant seasonal activity, supported by its proximity to the Atlantic shoreline and local tourism economy. The community maintains a steady profile within the Cape May County region, offering a distinct environment for long-term hold strategies or vacation-oriented residential rentals. Investors looking for a manageable multifamily asset in this submarket will find the property well-positioned to capitalize on regional housing demand and the area's year-round demographic base. The site offers straightforward access to local thoroughfares and the amenities that define this seaside municipality.

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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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