Homestead Land Company
Listed by Homestead Land Company
$1,300,000
105 N 4
Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building, Storefront
Square Footage 26,052
Net Rentable (SqFt) 26,052
Units 25
Cap Rate 9.18%
NOI $119,398
Occupancy 92.5%
Tenancy Multi
Pro-Forma Cap Rate 10.48%
Pro-Forma NOI $136,198
Price per SqFt $50
Broker Co-Op Yes
Class C
Year Built 1900
Buildings 1
Stories 3
Lot Size (SqFt) 6,500
Zoning Commercial
Investment Type Value Add
Ownership Fee Simple
Mixed use property in downtown Beatrice, NE
Marketing description
This mixed use property has good cash flow with room for increases. The current owner has made many improvements to the building including but not limited to common areas, remodeling of many of the apartments, and structural/infrastructure improvements.
Investment highlights
With 92% occupancy this building generates income day 1.
Listing Contacts
Homestead Land Company
Listed by Homestead Land Company
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$119,398.00
$9,949.83/mo
Valuation Metrics
0
DSCR
9.18%
Cap Rate
9.18%
ROI
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Property History
Tax History
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