2433 E St - Apartments FOR SALE


Lincoln, NE 68510- Near South
$535,000 USD
402-639-6278
2433 E St, Lincoln, NE for Sale
$535,000 USD
Apartments - FOR SALE
1/8
null | 6.75% Cap Rate

2433 E St
Lincoln, NE 68510
Near South


HIGHLIGHTS

  • Built for Purpose
  • 2bed, 1 bath unit mix
  • Well maintained residential setting

OVERVIEW

This walk-up style, 6 unit apartment building, built in 1980 consists of all 2 bed, 1 bath units and offers on-site laundry,, and private parking lot with a 1:1 parking ratio. The area is known for its historic charm, tree-lined streets, and proximity to downtown Lincoln, making it an attractive choice for renters seeking accessibility and community engagement. CoStar shows a historic rent growth for the Near South submarket of Lincoln's five-year average of 4.3% and its 10-year average of 3.3%

FOR SALE DETAILS

PRICE

$535,000 USD

PRICE/SF

$127 USD /SF

# OF UNITS

6

PRICE/UNIT

$89,167

CAP RATE

6.75%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1980

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,398 SF

ZONING

R-2

APN/PARCEL ID

10-25-416-003-000

ASK ABOUT THIS PROPERTY

Stephen SykesCascade Real Estate GroupMore Info
402-639-6278

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Stephen SykesCascade Real Estate GroupMore Info
402-639-6278

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