11 S Oakland Ave | Ventnor City, NJ 08406
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
11 S Oakland Ave
Ventnor City, NJ 08406
19 Residential Unit Multifamily · Multifamily Property For Sale
·
19 Units
Investment Highlights
- 6201 Atlantic Avenue offers a mix of one-bedroom and studio units, all tenant-paid utilities, on-site management, and minimal owner responsibilities.
- Well-maintained low-rise building with 19 fully electric units and a current cap rate exceeding 10%, generating $200,000 in net annual income.
- Ideal for long-term rental or Airbnb conversion, surrounded by shops, beaches, and over 89,000 residents with average incomes over $92,000 annually.
- Excellent investment opportunity 1.5 blocks from the Atlantic City Boardwalk in a coastal neighborhood with strong year-round and seasonal appeal.
- Benefit from a fully updated roof, fire alarm system, and common area features that ensure efficient building operations and reduced capital risk.
Property Facts
| No. Units | 19 | Building Size | 16,660 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1928 |
| Building Class | C | Parking Ratio | 0.42/1,000 SF |
| Lot Size | 0.07 AC | ||
| Zoning | RR-1 - Residential | ||
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 16,660 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built | 1928 |
| Parking Ratio | 0.42/1,000 SF |
| Zoning | RR-1 - Residential |
Amenities
Site Amenities
- 24 Hour Access
Property Taxes
| Parcel Number | 22-00049-0000-00009 | Improvements Assessment | $507,100 |
| Land Assessment | $140,400 | Total Assessment | $647,500 |
Property Taxes
Parcel Number
22-00049-0000-00009
Land Assessment
$140,400
Improvements Assessment
$507,100
Total Assessment
$647,500
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
