4104 Atlantic Avenue

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4104 Atlantic 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).

  • The asset is located at 4104 Atlantic Avenue in Wildwood, New Jersey.
  • This multifamily property consists of a two-unit apartment building for sale.
  • The site is situated within the popular coastal tourism market of Wildwood.
  • Residential units provide options for long-term tenants or seasonal visitor housing.
  • The location offers accessibility to regional shore attractions and major local roads.

What's Special

Wildwood serves as a prominent coastal destination in New Jersey, drawing seasonal tourism and maintaining a steady year-round population. This multifamily property sits at 4104 Atlantic Avenue, positioning residents near the primary regional transit corridors and the local commercial center. The asset consists of an apartment building containing 2 units. Given the site location within this established shore community, the property serves as a functional investment for those seeking a residential asset in a high-traffic vacation market. Potential use cases for this site include long-term rental housing or seasonal accommodations for visitors frequenting the nearby beaches and boardwalk area. The surrounding infrastructure supports diverse tenant demographics, ranging from local professionals to seasonal employees.

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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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