2501 A ST
Multifamily | 12 Units
Marketing description
2501 and 2505 A St. is a renovated, smaller-scale multifamily asset perfect for an investor looking to manage the property themselves. It has experienced steady occupancy rates with quick leasing turnarounds due to the property's appeal to a broad tenant base.
The property provides investors with stable in-place income while also offering meaningful upside through future rent growth and operational efficiencies. With 12 units, the asset presents an attractive value-add opportunity for an owner-operator looking to improve performance through hands-on management and disciplined expense control. Self-management could be an effective way to reduce operating costs, increase net income, and create additional value over time, all while maintaining a manageable day-to-day workload due to the property's smaller scale.
2501 and 2505 A St. is perfect for renters seeking a property with character in a neighborhood setting, while also having quick access to downtown and South Lincoln. This asset offers investors the chance to own a property in a central infill location where tenant demand is supported by access, convenience, and surrounding housing stock.
Investment highlights
- Two-building, 12-unit Multifamily investment opportunity
- Ten 1 bedroom/ 1 bathroom units
- Two studio units
- 100% occupancy
- Positioned on the A Street corridor, near the Lincoln Children's Zoo
- Original hardwood floors, updated bathroom and kitchen appliances, onsite laundry, off-street covered parking
- Potential for value-add through lease roll and optimization of operations
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