404 W Maple Avenue

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404 W Maple 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 available for purchase in Wildwood, New Jersey.
  • The residential property contains two distinct rental units.
  • Located at 404 W Maple Avenue within Cape May County.
  • Well-positioned for investors targeting small-scale residential rental assets.
  • Wildwood provides a steady market environment supported by coastal tourism.

What's Special

This multifamily apartment building for sale in Wildwood, New Jersey, presents a functional acquisition for investors seeking residential property in a coastal market. Situated at 404 W Maple Avenue, the asset contains two units, making it an appropriate addition to a residential real estate portfolio. Wildwood remains a consistent destination within the regional tourism economy, supported by its seasonal population and proximity to the Atlantic coastline. Its location in a established residential area provides accessibility to local infrastructure and regional transportation routes serving the broader Cape May County area. Given the two-unit configuration, this property is well-suited for a landlord focused on long-term rental income or an owner-occupant looking to manage a small-scale investment. The property occupies a position within a market characterized by a mix of year-round residents and seasonal demand, offering utility for various investment strategies within the multifamily sector.

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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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