312 W Poplar Avenue

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312 W Poplar 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).

  • The asset comprises four individual apartment units for sale.
  • Property is situated on West Poplar Avenue in Wildwood.
  • Investment opportunity located within the Jersey Shore market area.
  • Suitable for residential rental income or portfolio expansion efforts.
  • Asset sits within a recognized coastal tourism economic zone.

What's Special

This 4-unit apartment building stands at 312 W Poplar Avenue in Wildwood, New Jersey. The property provides a residential investment asset within a coastal municipality known for its seasonal tourism economy and steady year-round population. Located in the heart of the Jersey Shore region, the building benefits from proximity to regional transit corridors and the local infrastructure supporting this busy vacation destination. Multifamily assets in this submarket often serve as stable income-generating properties for investors looking to capitalize on the area's ongoing demand for rental housing. Prospective owners may utilize the space for long-term residential leasing or evaluate potential operational adjustments suited to the local regulatory environment. The structure occupies a position within a well-established neighborhood, ensuring functional access to local amenities and the broader Cape May County economic landscape.

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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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