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: |
$83,108.33 Per Unit |
Property Use Type: |
Investment |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
3/2/2021 |
Overview / Comments
Fantastic multi-family investment opportunity! A total of 18, 2 bedroom units, between two buildings steps from each other. Located minutes from the Kennedy FWY providing quick access to downtown Omaha, Offut, and Interstate-80.
1st building was built in 1967 with six 2-bedroom units,. There is a main floor, coin-operated washer & dryer. 2nd building was built in 2000 with twelve 2-bedroom/2-bathroom units. Each units is equipped with walk-in closets in both bedrooms, laundry in each unit, balcony's, and pantry closet in the kitchens.
Each unit in both buildings is individually metered, tenants pay their own gas & electric. Building owners currently pay all units water, sewer, & trash (dumpsters on-site).
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Financials
Finance Data Year |
2019 |
Real Estate Taxes - Annual($) |
$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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