3817 Arctic

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3817 Arctic

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).

  • Six-unit apartment building located in Wildwood, New Jersey
  • Residential investment asset available for acquisition by qualified buyers
  • Located within the established Wildwood coastal housing market
  • Multifamily building optimized for consistent residential rental income
  • Property situated at 3817 Arctic with central site access

What's Special

This six-unit multifamily apartment building at 3817 Arctic in Wildwood, New Jersey, is currently available for purchase by investors seeking to expand their residential portfolio. Situated in a coastal market, the property provides steady income potential within a community known for its seasonal and year-round housing demand. Wildwood continues to serve as a recognizable destination along the Jersey Shore, benefiting from its established tourism infrastructure and local economy. An asset of this scale functions well as a foundational residential holding, appealing to operators who manage multi-unit properties in recreational or suburban regions. The building structure supports long-term occupancy strategies, making it a viable addition for buyers interested in the regional multifamily landscape. Future owners will find that the location balances access to the waterfront with proximity to essential municipal services. This type of residential investment remains a consistent option for those targeting stable housing stock in established shore 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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