434 W Wildwood

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434 W Wildwood

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.
  • Asset is situated at the 434 W Wildwood address.
  • Property resides within a well-established coastal tourist market.
  • Strategic location offers access to regional beaches and amenities.

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 apartment building sits at 434 W Wildwood, positioning residents within reach of the regional beaches and local commercial hubs that characterize the Cape May County market. The property comprises two units, providing a manageable configuration for investors seeking a foothold in this established shore community. Given the layout and location, the asset functions well as a long-term rental investment or a seasonal housing option for the area's service-oriented workforce. The building benefits from the sustained demand for residential space in a market defined by its proximity to the Atlantic coast and transit corridors that connect to major metropolitan areas in the Northeast. Investors evaluating the multifamily landscape in South Jersey will find this asset represents a straightforward opportunity to participate in a historically active coastal submarket.

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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

Location & Travel Times