326 W POPLAR Avenue

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326 W POPLAR Avenue

Wildwood, NJ 08037
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 available for purchase in Wildwood
  • Property consists of two individual residential units
  • Asset situated at 326 W Poplar Avenue
  • Positioned within a recognizable coastal New Jersey submarket
  • Investment option suitable for private portfolio growth

What's Special

This multifamily apartment building at 326 W Poplar Avenue in Wildwood, New Jersey, is currently available for sale. The property consists of two distinct units, providing an entry-level investment vehicle for those seeking a small-scale residential holding in a coastal community. Wildwood maintains a steady seasonal economy supported by its tourism-driven atmosphere, making this a practical choice for investors interested in multi-family assets within the region. The manageable size of the asset allows for straightforward management while offering consistent rental income potential in a well-established submarket. Prospective owners may consider these units for long-term residential housing or potential seasonal rentals given the location. The site offers functional infrastructure for individuals looking to build their real estate portfolio or diversify holdings in the South Jersey market. Its scale is particularly well-suited for private investors or owner-occupants looking to establish a foothold in this local submarket.

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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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