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26th Ave Apartments 563 S 26th Ave

11 Unit Apartment Building $1,240,286 CAD ($112,753 CAD/Unit) 7.20% Cap Rate Omaha, NE 68105

Investment Highlights

  • Blocks from planned Streetcar
  • Attached dedicated parking lot
  • Great location between Midtown/Blackstone & Downtown Omaha

Executive Summary

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 Facts

Price $1,240,286 CAD
Price Per Unit $112,753 CAD
Sale Type Investment
Cap Rate 7.20%
No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.20 AC
Building Size 8,704 SF
Average Occupancy 91%
No. Stories 2
Year Built/Renovated 1900/2009
Parking Ratio 2.31/1,000 SF
Cross Streets St. Mary''s
Opportunity Zone Yes

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Heating
  • Hardwood Floors

Site Amenities

  • 24 Hour Access
  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 3 - -
1+1 7 - -
2+1 1 - -
Walk Score ®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1388-0002-08
Land Assessment
$0 CAD
Improvements Assessment
$370,088 CAD
Total Assessment
$370,088 CAD

zoning

Zoning Code R-8 Pk (Multi-Comm (Multi-Family))
R-8 Pk (Multi-Comm (Multi-Family))
  • Listing ID: 34111186

  • Date on Market: 2024-12-06

  • Last Updated:

  • Address: 563 S 26th Ave, Omaha, NE 68105

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