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: |
$83,108.33 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/24/2020 |
Overview / Comments
Fantastic multi-family investment opportunity! A total of 18, 2 bedroom units, between two buildings steps from each other. Located minutes from the Kennedy FWY providing quick access to downtown Omaha, Offut, and Interstate-80.
1st building was built in 1967 with six 2-bedroom units,. There is a main floor, coin-operated washer & dryer. 2nd building was built in 2000 with twelve 2-bedroom/2-bathroom units. Each units is equipped with walk-in closets in both bedrooms, laundry in each unit, balcony's, and pantry closet in the kitchens.
Each unit in both buildings is individually metered, tenants pay their own gas & electric. Building owners currently pay all units water, sewer, & trash (dumpsters on-site).
|
Financials
| Finance Data Year |
2019 |
| Real Estate Taxes - Annual($) |
$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 |
| Zoning: |
MULTI-FAMILY UNITS |
| 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 |
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 |
|
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