Apartment Complex 8 plex

Multi-Family for Sale
Catylist Listing ID: 30668008
Property Subtypes: Duplex/Fourplex
Number of Units: 8 Units
Building Size (RSF): 5,184 SF
Gross Land Area: 10,425 SF
Sale Price: $214,900
Unit Price: $26,862.50 Per Unit
Property Use Type: Investment
Building Name: 26th Street Apartments
Usable Size (USF): 5,184 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 87
Last Updated: 11/20/2020

Overview / Comments

8 Plex for sale! 2 - 4 plexs, both Built 1965. Taxes $3,540/year. Brings in approx $3,400/month income. 16+ stalls off street parking. Tenants pay utilities, landlord pays trash. Lot is 75' x 139'. Parcel ID 640012264 & Parcel ID 640012256. Call to inquire.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $3,539 (Annual)

Additional Details

Nearest MSA: Lincoln
County: Nemaha
Taxing Authority: Nemaha County
Tax ID/APN: 640012264-56
Zoning: COMMERCIAL
Percent Occupied: 87%
Property Located Between: Corner of 26th & L Streets
Highway Access: 2 blocks west of Highway 75
Total Number of Buildings: 2
Property Condition: Average
Number of Stories: 2
Year Built: 1965
Parking Type: Surface
Parking Description: 16+ stalls of off street parking, 2 for each unit
Total Parking Spaces: 16
Sprinklers: None
Heat Type: Electricity
Heat Source: Baseboard
Fuel: Electric
Air Conditioning: Window Unit
Interior Description: 2 BR/ 1 BA units. Baseboard electric heat, window air.
Zoning Description: Commercial
Lot Frontage: 139'
Lot Depth: 75'
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: HAGERS FIRST ADD TO AUBURN BLK 6 S75' LTS 3 & 4. HAGERS FIRST ADD TO AUBURN BLK 6 N65' LTS 3, 4 & S1/2 VAC ALLEY.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 860 3,653 3,653
Median Age: 38.78 42.46 42.46
Households: 366 1,580 1,580

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