618-620 Adams Avenue

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618-620 Adams Avenue

Woodbine, NJ 08270
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).

  • Residential apartment building located in Woodbine, New Jersey
  • Asset contains two distinct rental dwelling units
  • Positioned within the Cape May County market area
  • Property is currently available for sale to investors
  • Suitable for residential rental income generation strategies

What's Special

This two-unit apartment building at 618-620 Adams Avenue in Woodbine, New Jersey, presents a residential investment asset within the Cape May County region. Woodbine serves as a localized hub in South Jersey, benefitting from its proximity to major coastal thoroughfares and regional transit routes. The property supports a multifamily configuration, allowing for immediate rental operations or long-term portfolio holding in this suburban market. Investors or owner-occupants may find utility in the building for various residential rental strategies. The site is situated within a well-established residential corridor, providing tenants access to regional employment centers and the broader lifestyle amenities of the Jersey Shore area. The asset functions as an efficient addition to a diversified real estate collection, particularly for those focused on small-scale multifamily holdings in stable regional markets.

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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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