Majjar Apartments

Multi-Family for Sale
Catylist Listing ID: 30652354
Property Subtypes: Mid-Rise
Number of Units: 18 Units
Building Size (RSF): 19,904 SF
Gross Building Area: See Agent
Gross Land Area: 0.85 Acres
Sale Price: $1,495,950
Unit Price: $83,108.33 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/2/2021

Overview / Comments

Fantastic multi-family investment opportunity! A total of 18, 2 bedroom units, between two buildings steps from each other. Located minutes from the Kennedy FWY providing quick access to downtown Omaha, Offut, and Interstate-80.

1st building was built in 1967 with six 2-bedroom units,. There is a main floor, coin-operated washer & dryer. 2nd building was built in 2000 with twelve 2-bedroom/2-bathroom units. Each units is equipped with walk-in closets in both bedrooms, laundry in each unit, balcony's, and pantry closet in the kitchens.

Each unit in both buildings is individually metered, tenants pay their own gas & electric. Building owners currently pay all units water, sewer, & trash (dumpsters on-site).


Finance Data Year 2019
Real Estate Taxes - Annual($) $18,592 (Annual)
Potential Rental Income $142,860 (Annual)
Gross Operating Income $43,880 (Annual)
Net Operating Income $80,387 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Omaha-Council Bluffs
County: Sarpy
Taxing Authority: Sarpy County
Tax ID/APN: 011561314
Percent Occupied: 100%
Total Number of Buildings: 2
Property Condition: Good
Number of Stories: 3
Year Built: 1967
Year Renovated: 2000
Parking Type: Surface, Other
Parking Description: Surface Parking & Private Garages
Total Parking Spaces: 30
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,067 77,471 213,120
Median Age: 28.27 32.96 33.68
Households: 3,756 27,135 81,144


© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Midlands Regional CIE nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.