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31281171
31281173

3255 S. 12th, Lincoln, NE 68502

LF
20110100
Great Place Properties
Listed by Great Place Properties
$549,000
71 days on market
Updated 16 days ago

3255 S. 12th St.

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,066
Units 6
Price per SqFt $78
Broker Co-Op Yes
Class B
Year Built 1974
Stories 3
Acreage 0.160
Parking Spaces 6 per unit
Ownership fee simple
Sale Condition 1031 exchange

Two twin apartment buildings in a hot rental market.

Marketing description

  1. Prime Location: Situated in a high-demand rental submarket with proximity to the University of Nebraska-Lincoln and the Nebraska State Capitol.

  2. Stabilized Operations: The portfolio maintains a historical vacancy rate of less than 3%, reflecting the strength of the local rental market.

  3. Scalability: Two identical adjacent buildings allow for management efficiencies and lower per-unit maintenance costs.

  4. Tenant Profile: Strong mix of long-term tenants and local workforce professionals.

Investment highlights

This an the building next door could be sold as a package. Contact the agent for a showing.

Listing Contacts

LF
20110100
Great Place Properties
Listed by Great Place Properties

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