1367-1369 S 76th Ave - Apartments FOR SALE


Omaha, NE 68124- Cornish Heights
$2,755,000 USD
402-250-2888
1367-1369 S 76th Ave, Omaha, NE for Sale
$2,755,000 USD
Apartments - FOR SALE
1/15
null | 6.44% Cap Rate

1367-1369 S 76th Ave
Omaha, NE 68124
Cornish Heights


HIGHLIGHTS

  • 29 one-bed units, updated with kitchens open to the living areas. Each unit features a large, picture window or glass door to deck.
  • All decks replaced in 2023. much of the concrete has been replaced. Building is clean and neat and in an excellent, central location.

OVERVIEW

Well-cared-for multifamily asset reflecting pride of ownership and consistent reinvestment over the years. Located in a prime area, this all-brick apartment building features 29 fully occupied one-bedroom, one-bath units, delivering immediate and stable cash flow. Major capital improvements include a new roof (2019), new decks (2023), updated concrete (2020) and retaining wall (2024), and a renovated laundry room (2025). Additional upgrades include several new HVAC systems and multiple remodeled bathrooms. Showings by firm appointment only. Please refer to associated MLS documents for detailed financial information, including rent roll, income and expense breakdown, utilities and parking details. Listing agent is owner.

FOR SALE DETAILS

PRICE

$2,755,000 USD

PRICE/SF

$162 USD /SF

# OF UNITS

29

PRICE/UNIT

$95,000

CAP RATE

6.44%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

29 Flats Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

Multifamily

APN/PARCEL ID

2910-0001-08

ASK ABOUT THIS PROPERTY

Anne ConwayBetter Homes & Gardens Real EstateMore Info
402-250-2888

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Anne ConwayBetter Homes & Gardens Real EstateMore Info
402-250-2888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.