15 Plex

Multi-Family for Sale
Catylist Listing ID: 30645102
Number of Units: 15 Units
Building Size (RSF): 556 SF
Gross Building Area: 3,933 SF
Gross Land Area: 10,745 SF
Sale Price: $900,000
Unit Price: $60,000 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/27/2020

Overview / Comments

Really nice, solid brick 15 plex with 5 covered garage stalls and ample off street parking. Secured entrance. Newer roof (2018) and newer windows (2017). On site laundry facilities. The property has a great rental history and has little to no vacancy. Owner would prefer selling with 945 S 12th St.

Attachments & Media

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $8,267 (Annual)
Tax Value Land $90,000
Tax Value Improvements $342,000
Assessed Value - Total($) $432,600 (Annual)
Gross Operating Income $84,360 (Annual)
Net Operating Income $56,477 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Tax ID/APN: 1026416002000
Zoning: R-7
Property Condition: Good
Number of Stories: 2
Year Built: 1976
Roof Type: Arched
Construction/Siding: Wood Frame
Exterior Description: Mostly brick
Parking Type: Surface, Other
Total Parking Spaces: 20
Laundry: Shared
Sprinklers: Other
Heat Type: Natural Gas
Heat Source: Central
Fuel: Electric
Air Conditioning: Package Unit
Internet Access: Other
Lot Frontage: 100
Lot Depth: 142
Water Service: Municipal
Legal Description: Lincoln Original Block 189, Lot 1 N 94' & Lot 2 N 94' & S48' W 30'

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,760 120,021 249,033
Median Age: 30.19 31.39 34.3
Households: 10,502 47,700 99,928

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