312 E Glenwood Avenue

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312 E Glenwood Avenue

Wildwood, NJ 08242
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 in Wildwood, New Jersey.
  • The property consists of two individual residential units.
  • Positioned in a coastal region with seasonal rental demand.
  • Suitable for long-term leasing or specialized residential usage.
  • Accessible real estate asset for residential portfolio expansion.

What's Special

This two-unit multifamily apartment building is positioned at 312 E Glenwood Avenue in Wildwood, New Jersey. The property provides a straightforward investment option within a coastal market known for its seasonal rental demand and steady population base. As an established asset in this submarket, the building offers functional space suitable for long-term residential leasing or conversion into seasonal housing accommodations. Its configuration allows for efficient management, appealing to investors looking to add to their residential holdings in a well-trafficked destination. The surrounding Wildwood area supports a variety of local businesses and residents, maintaining consistent activity throughout the year. Prospective buyers will find this an accessible entry point into the local housing sector, providing utility for those seeking to capitalize on regional demand for rental housing. The structure occupies a stable footprint, serving as a reliable asset for a diversified real estate portfolio.

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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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