26th Ave Apartments

11 Unit Apartment Building | $875,000 ($79,545/Unit) | 7.20% Cap Rate | Omaha, NE 68105

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $875,000

Property Type
Multifamily
Square Feet
8,704 SF

Listing Contacts

Shawn Ilg
Shawn Ilg
Verified Profile
Ross Friehe
Ross Friehe
Verified Profile
  • Property Info

Property Overview

Nebraska Realty is pleased to present a strong investment opportunity a in prime location.  Situated between Midtown and Downtown Omaha, this property boasts convenience and accessibility, with easy access to the interstate and minutes from Creighton, UNMC, Blackstone District, Old Market, CHI Center, and so much more that appeals to a wide-range of potential tenants and driving tenant demand (shops, parks, school, restaurants, entertainment, and employment). This brick 2-story building consists of 11 total units; 3 studios, 7 one-bedrooms, and 1 two-bedroom, onsite laundry, and a private parking lot newly overlayed in ’22 with 14 spaces and newer retaining wall.  The owner updated the whole building in 2009, including a new roof, sprinkler system, and modern amenities throughout. With Omaha recently named by Forbes as “Best City to Move to in 2024”, the demand for rental properties in this area is soaring!

Property Details

Class
C
Year Built/Renovated
1900/2009
Stories
2
Lot Size (sq. ft)
8,712 SF
Units
11

Highlights

  • Blocks from planned streetcar rail
  • Easy/quick access to schools, parks, restaurants, entertainment, employment hubs, and so much more
  • Omaha named "Best Place to move in 2024" by Forbes

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