326 E Glenwood Avenue

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326 E Glenwood 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 in Wildwood, New Jersey.
  • The building consists of six individual residential units.
  • Located at 326 E Glenwood Avenue in the 08260 zip code.
  • Property is currently available for purchase by investors.
  • Positioned in a prominent coastal region of New Jersey.

What's Special

Investors seeking to expand their residential holdings will find this 6-unit apartment building at 326 E Glenwood Avenue a practical addition to a real estate portfolio. The property serves as a steady income-producing asset within the Wildwood market, a well-known coastal destination that maintains consistent demand from seasonal visitors and year-round residents alike. Strategically positioned near the shoreline, the building provides a functional footprint for multifamily housing in a region supported by tourism and local service sectors. This asset type is well-suited for owners looking to manage a manageable multi-family complex in a recognized New Jersey shore municipality. The location offers accessibility to the regional thoroughfares and primary local infrastructure that define this active coastal corridor, making it a reliable choice for those targeting established rental markets.

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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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