417 W Roberts Avenue

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417 W Roberts 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 at 417 W Roberts Avenue
  • Asset contains two residential units for investment or rental
  • Property is situated within the coastal market of Wildwood
  • The building is currently available for purchase
  • Standard residential layout designed for ease of management

What's Special

Wildwood serves as a prominent coastal destination in New Jersey, drawing consistent seasonal traffic to its boardwalks and beaches. This multifamily apartment building, situated at 417 W Roberts Avenue, occupies a key position within this active regional submarket. The property consists of two distinct residential units, providing a manageable configuration for investors seeking a foothold in this established shore community. Given the local market demand for coastal housing and rental inventory, this asset functions as a straightforward residential investment with potential for stable occupancy. Its location offers proximity to the regional amenities that define the Wildwood area, supporting long-term utility for either seasonal or year-round tenants.

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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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