3 Duplexes for sale as a package deal

Multi-Family for Sale
Catylist Listing ID: 30267847
Property Subtypes: Duplex/Fourplex
Number of Units: 6 Units
Building Size (RSF): 1,400 SF
Gross Building Area: 4,432 SF
Sale Price: $460,000
Unit Price: $76,666.67 Per Unit
Property Use Type: Investment
Building Name: Weber Rentals
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 98
Last Updated: 5/21/2018

Overview / Comments

3 Duplex Buildings - Interiors all updated, some have Refrigerator & range/ovens
55 Canyon Drive is total of 1600 SF/ 1600 SF Basement 2 units both are 4 Bedroom 2 bath (rents 825 and 1050)
53 Canyon - 1400 SF each unit, 3 bedroom 1 bath Rents $800 and $700
54 Canyon - 1400 SF each Unit, 3 bedroom 1 bath Rents $725 and $750
Expenses:
Insurance $4250
Taxes $10584
Water/Sewer $7728
Lawn/snow $600
Property has been updated throughout, 55 Canyon Dr has GFA/CA, updated plumbing. Other 2 buildings are all electric. all have newer laminate flooring throughout, spacious units, easy to rent. 53 & 54 Canyon Drive have a hidden staircase built in, so they can be converted to single family dwellings.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $10,584 (Annual)
Tax Value Land $36,720
Tax Value Improvements $501,267
Tax Value Personal Property $0
Assessed Value - Total($) $537,987 (Annual)
Potential Rental Income $57,900 (Annual)
Gross Operating Income $55,005 (Annual)
Net Operating Income $2,697 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Scottsbluff
County: Scotts Bluff
Tax ID/APN: 010016783
Zoning: RESIDENTIAL
Percent Occupied: 95%
Property Located Between: Scottsbluff and Gering
Highway Access: Highway 71
Airports: Scotts Bluff County Regional airport
Site Description: Property located in a rural subdivision between Scottsbluff and Gering, close proximity to Highway 71 for easy access to work and other amenities.
Total Number of Buildings: 3
Property Condition: Good
Number of Stories: 1
Year Built: 1999
Year Renovated: 2014
Roof Type: Gable
Exterior Description: 55 Canyon is wood sided. 53 and 54 Canyon are stucco buildings
Parking Description: Each building has a parking area for 2 cars
Total Parking Spaces: 6
Heat Type: Electricity, Natural Gas
Heat Source: Baseboard, Central
Fuel: Gas, Electric
Internet Access: Cable, Satellite
Interior Description: Spacious units and updated flooring
Zoning Description: Residential
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines
Easements Description: Typical Utility easements
Land Ownership: Fee Simple
Legal Description: Lots 1A, 1B and 1C, Bellevue Homes Addition, Scotts Bluff County, NE 69341

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,240 24,183 27,171
Median Age: 38.36 38.25 38.25
Households: 1,302 9,791 10,954

Contact

Photograph of Listing Agent

Cinda Munoz

Buyer's Realty, Inc.
MRCIE Member
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