Park Ave 14-units

Multi-Family for Sale
Catylist Listing ID: 30583992
Property Subtypes: Mid-Rise
Number of Units: 14 Units
Building Size (RSF): 6,902 SF
Gross Building Area: See Agent
Sale Price: $525,000
Unit Price: $37,500 Per Unit
Property Use Type: Investment
Building Name: Park Avenue Midtown
Sale Terms: Cash to Seller
Cap Rate: 11.4%
Average Occupancy Rate: 90
Last Updated: 5/13/2020

Overview / Comments

Mult-Unit rental in Midtown. Well run & maintained conversion rental homes in popular midtown area. Seller pays utilities. Off street parking. Many updates to electrical, plumbing, flooring, HVAC, appliances, Roofs (2017). Part of multiple property sale: 1049, 1111 & 1113 Park Ave; 14 total units.

Attachments & Media

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $7,801 (Annual)

Additional Details

Nearest MSA: Omaha-Council Bluffs
County: Douglas
Tax ID/APN: 1240500502
Total Number of Buildings: 3
Property Condition: Good
Number of Stories: 2
Roof Type: Arched
Construction/Siding: Vinyl Siding, Wood Siding
Parking Ratio: 1 (per 1000 SF)
Parking Type: Surface
Parking Description: off street and off alley
Total Parking Spaces: 14
Laundry: Shared
Sprinklers: None
Heat Type: Natural Gas, Steam
Heat Source: Central, Radiant
Fuel: Gas
Air Conditioning: Window Unit
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: fee simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 27,430 143,478 295,633
Median Age: 30.8 31.84 33.06
Households: 10,971 55,940 114,493

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