432 W Andrews Avenue

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432 W Andrews 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).

  • Located at 432 W Andrews Avenue in Wildwood, New Jersey
  • Multifamily apartment building available for purchase
  • Building features a total of 2 residential units
  • Situated in a popular coastal destination in Cape May County
  • Suitable for residential investment or professional portfolio growth

What's Special

Wildwood serves as a prominent coastal community in New Jersey, drawing seasonal visitors and residents to the Cape May County shore. This multifamily apartment building is positioned at 432 W Andrews Avenue and consists of 2 units. The property represents a functional asset for investors looking to expand their residential portfolio in a well-established beach town market. The layout and unit count allow for potential long-term rental income or seasonal housing strategies, fitting within the broader residential landscape of the Wildwood area. Access to local amenities and the proximity to coastal attractions provide a stable foundation for property management and tenant retention in this vibrant seaside region.

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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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