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31847220
31847221

2501 A St, Lincoln, NE 68502

DW
NE NE20250593
Lee & Associates - Lincoln
DD
NE NE 20030305
Lee & Associates - Lincoln
DG
NE 20061147
Lee & Associates - Lincoln
Listed by Lee & Associates - Lincoln
$1,100,000
42 days on market
Updated 14 days ago

2501 A ST

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 8,160
Units 12
NOI $55,451
Occupancy 100%
Tenancy Multi
Year Built 1964
Buildings 2
Acreage 0.320
Investment Type Value Add

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

Listing Contacts

DW
NE NE20250593
Lee & Associates - Lincoln
DD
NE NE 20030305
Lee & Associates - Lincoln
DG
NE 20061147
Lee & Associates - Lincoln
Listed by Lee & Associates - Lincoln

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$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$55,451.25
$4,620.94/mo

Valuation Metrics

0
DSCR
5.04%
Cap Rate
5.04%
ROI

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Additional Information

Name
Drew West
License
NE20250593
Brokerage
Lee & Associates
Brokerage Phone
(531) 721-2888
Brokerage Address
12020 Shamrock Plaza
Name
Dan Dutton
License
NE 20030305
Brokerage
Lee & Associates
Title
Co-Managing Principal
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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