732-750-3000
513 N Wildwood Rd, Cape May Court House, NJ for Sale
Apartments - FOR SALE
1/11
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513 N Wildwood Rd
Cape May Court House, NJ 08210


HIGHLIGHTS

  • Tenants pay utilities
  • Capital Improvements: $115,000 in septic system improvements, new boilers and new roofs
  • Established cash flow with proven rent collection history
  • High occupancy
  • Diverse Unit Mix: $800 - $2,200 rent range captures multiple market segments
  • Established Tenancy: Long-term residents provide stable, predictable cash flow

OVERVIEW

The portfolio consists of 4 lots with 12 multifamily buildings and 26 residential units. 504 Blackburn Avenue consists of 2 residential units. 505 North Wildwood Road is a single-family home. 509 North Wildwood Road consists of 7 residential units. 511 Blackburn Avenue consists of 3 residential units. 513 North Wildwood Boulevard consists of 9 residential units. 513 Blackburn A and B, 518 Maryland Avenue and 519 Maryland Avenue are single-family dwellings located on the same lot.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

26

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cape May Court House Portfolio

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

SR

APN/PARCEL ID

06-00990-0000-00002,06-00990-0000-00003,06-00990-0000-00004,06-00990-0000-00005

ASK ABOUT THIS PROPERTY

Joni SweetwoodThe Kislak Company, Inc.More Info
732-750-3000

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Joni SweetwoodThe Kislak Company, Inc.More Info
732-750-3000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.