4308 Susquehanna Avenue

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4308 Susquehanna 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 in Wildwood, New Jersey.
  • The property consists of two individual residential units.
  • Strategically positioned within the 08260 zip code area.
  • Suitable asset for long-term or seasonal rental strategies.
  • Coastal market with consistent demand for residential housing.

What's Special

Investors seeking to expand a rental portfolio will find this two-unit apartment building at 4308 Susquehanna Avenue a functional addition. Located in the coastal city of Wildwood, New Jersey, the property serves the local housing market which benefits from seasonal tourism and a steady year-round population. Multifamily assets in this region typically attract residents looking for proximity to the shoreline and accessible local amenities. This residential asset provides a manageable entry point for buyers focused on income-generating properties within the 08260 zip code. Given the structure and unit count, the building is well-suited for long-term lease arrangements or potential seasonal vacation rentals. Its position in Wildwood places it within reach of major regional transit routes that support the broader South Jersey economy.

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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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