816 G 14-plex For Sale

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30648494
Property Subtypes: Low-Rise/Garden
Status: Pending/Contingent
Number of Units: 14 Units
Building Size (RSF): 12,330 SF
Gross Building Area: See Agent
Sale Price: $1,200,000
Unit Price: $85,714.29 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Undisclosed, Cash to Seller
Cap Rate: 5.0%
Last Updated: 9/13/2020

Overview / Comments

Here is your opportunity to invest in a 14 unit fully leased property with long term tenants. The roof is just a year old. Based on actual rents and expenses the cap rate is about 5%. Higher rents will realize a higher return.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $11,498 (Annual)

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Tax ID/APN: 1026236016000
Percent Occupied: 100%
Number of Stories: 3
Year Built: 1979
Roof Type: Gable
Total Parking Spaces: 14
Laundry: Shared
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,204 105,270 232,955
Median Age: 28.41 31.11 34.16
Households: 8,515 41,745 94,073

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