Description
13-unit value-add multifamily investment opportunity near Capitol Beach and downtown Lincoln. Unit mix consists of six 1-bedroom units, six 2-bedroom units, and one efficiency unit. Three vacant units provide immediate lease-up opportunity and upside potential. All units are all-electric with tenants responsible for electric service. Ownership pays water, sewer, and trash. Features include 22 off-street parking spaces, on-site laundry, storage units, slab-on-grade construction, and six zero-entry units. Majority month-to-month leases provide flexibility for repositioning rents to market levels. A landlord-managed Allo Internet program is in place and provides additional owner income. Offered at $1,295,000.
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3BEDS
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0.44ACRES
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3BATHS
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01/2 BATHS
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1,675SQFT
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$773$/SQFT
School Information
Description
13-unit value-add multifamily investment opportunity near Capitol Beach and downtown Lincoln. Unit mix consists of six 1-bedroom units, six 2-bedroom units, and one efficiency unit. Three vacant units provide immediate lease-up opportunity and upside potential. All units are all-electric with tenants responsible for electric service. Ownership pays water, sewer, and trash. Features include 22 off-street parking spaces, on-site laundry, storage units, slab-on-grade construction, and six zero-entry units. Majority month-to-month leases provide flexibility for repositioning rents to market levels. A landlord-managed Allo Internet program is in place and provides additional owner income. Offered at $1,295,000.
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