3210 Park Boulevard

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3210 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 apartment building located at 3210 Park Boulevard in Wildwood
  • Asset consists of 6 residential rental units for sale
  • Property is positioned within a established New Jersey coastal submarket
  • Site offers potential for diverse income generation through residential leasing
  • Strategic location supports accessibility within the Wildwood municipality

What's Special

Wildwood serves as a prominent destination within the coastal landscape of New Jersey, characterized by its seasonal tourism economy and accessible beachside atmosphere. Situated at 3210 Park Boulevard, this multifamily asset functions as an apartment building within the local residential framework. The property features a total of 6 units, providing a stabilized residential footprint in a well-established submarket of the region. Investors looking for manageable multi-family holdings in a coastal setting may find this asset fits various portfolio strategies, including long-term rental income generation or seasonal housing solutions. The proximity to regional transit corridors supports consistent tenant accessibility throughout the year. This 6-unit building represents a straightforward acquisition for those active in the Wildwood housing market.

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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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