2006 N 18th St - Apartments FOR SALE


Omaha, NE 68110- Conestoga Community
$3,450,000 USD
402-981-7337
2006 N 18th St, Omaha, NE for Sale
$3,450,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

2006 N 18th St
Omaha, NE 68110
Conestoga Community


HIGHLIGHTS

  • $3,450,000
  • 24 Units/ All 2 bed, 1 bath layout
  • Well maintained & updated this year

OVERVIEW

Six-building multifamily property located near 2006 N 18th Street, Omaha, NE 68110. Each building contains four units, for a total of 24 apartments. All units are 2-bedroom, 1-bath lay-outs featuring updated flooring, balconies, and a private gar-age. Recent capital improvements include new water heaters and interior upgrades. The property is in the LIHTC decontrol period, creating an opportunity to transition units to market-rate rents and significantly increase income potential—while currently benefiting from low property taxes under LIHTC. Conveniently located near downtown Omaha, schools, and public transportation. Strong investment with stable returns today and long-term upside.

FOR SALE DETAILS

PRICE

$3,450,000 USD

PRICE/SF

$162 USD /SF

# OF UNITS

24

PRICE/UNIT

$143,750

CAP RATE

Request Cap Rate

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Grace Plaza Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1992

PARKING SPACES

16

LAND DETAILS

LAND ACRES

2.51 AC

LAND SF

109,331 SF

ZONING

R7

APN/PARCEL ID

0415-0300-12,0415-0325-12,0415-0350-12,0415-0375-12

ASK ABOUT THIS PROPERTY

Michael BlackmonBerkshire Hathaway Ambassador CommercialMore Info
402-981-7337

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Michael BlackmonBerkshire Hathaway Ambassador CommercialMore Info
402-981-7337

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