4506 Atlantic Avenue

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4506 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 multifamily asset consists of two separate residential units
  • Located at 4506 Atlantic Avenue within the city of Wildwood
  • Positioned in the popular coastal region of southern New Jersey
  • Property is currently available for sale to qualified investors
  • Ideal for those seeking small-scale income-producing residential real estate

What's Special

4506 Atlantic Avenue is a multifamily apartment building situated in the coastal community of Wildwood, New Jersey. This property features two distinct residential units, offering an accessible entry point for investors looking to establish a footprint in the local rental market. Wildwood remains a well-known destination within the Jersey Shore region, characterized by its seasonal tourism economy and steady demand for residential housing near the Atlantic coastline. Its location in the 08260 zip code positions the asset within reach of established neighborhood amenities and transit corridors serving the southern New Jersey peninsula. Given the layout and unit count, this building is suited for owner-occupants seeking supplemental rental income or investors focused on small-scale multifamily holdings. The regional economy benefits from a consistent influx of visitors during summer months, supporting a diverse range of rental configurations for long-term residents and seasonal tenants alike.

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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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