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For Sale 405 Wildwood, Cape May Court House, NJ, 08210

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405 Wildwood, Cape May Court House, NJ, 08210 Main Picture 405 Wildwood, Cape May Court House, NJ, 08210 Aditional Picture405 Wildwood, Cape May Court House, NJ, 08210 Aditional Picture405 Wildwood, Cape May Court House, NJ, 08210 Aditional Picture405 Wildwood, Cape May Court House, NJ, 08210 Aditional Picture405 Wildwood, Cape May Court House, NJ, 08210 Aditional Picture405 Wildwood, Cape May Court House, NJ, 08210 Aditional Picture405 Wildwood, Cape May Court House, NJ, 08210 Aditional Picture405 Wildwood, Cape May Court House, NJ, 08210 Aditional Picture

405 Wildwood, Cape May Court House, NJ, 08210

$1,471,000

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INVESTOR OPPORTUNITY!! Package deal. Located at 405 N Wildwood Blvd right off the Garden State Parkway, the property is a former hotel that was converted to multifamily apartments. The property has been fully renovated including new mechanicals and is ready with 13 Market Rate apartments (11 efficiencies, 1 - one bed, 1 - three bed). The building’s construction with all units being first floor walk-ins, having on-site laundry, and room for additional storage units will add to its appeal. This property will allow an investor to capture full market rents and add significant value through lease-up in a rental area with huge demand. N Wildwood Blvd benefits from its close proximity to North Wildwood’s beaches and extended shoulder season to bolster Airbnb models. To the west, Burleigh is aggressively developing commercial real estate which may interest investors in also purchasing 401 N Wildwood Blvd on this same parcel. Netting 222’ of frontage and 1.08 AC of dry land opens up a number of additional opportunities in a high traffic, high visibility area.

Listing courtesy of: BLUE HOMES REAL ESTATE LLC
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Cape May Multiple Listing Service. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed to be accurate but not guaranteed. Copyright Cape May Multiple Listing Service. All rights reserved.
Total Rooms
Full Bath
# of Stories
Year Build
Lot Size
Tax 12460.00
SQFT
HeatingElectric
WaterWell
Bedrooms 0
Half Bath
# of Stories
Lot Dimensions 222 X 216
# Units
Tax Year 2022
Area Cape May Court House
CoolingWall Air Conditioning
SewerSeptic
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