4501 Lafayette Ave - Apartments FOR SALE


Omaha, NE 68132- Midtown Omaha
$1,550,000 USD
402-660-7929
4501 Lafayette Ave, Omaha, NE for Sale
$1,550,000 USD
Apartments - FOR SALE
1/41
null | 11.21% Cap Rate

4501 Lafayette Ave
Omaha, NE 68132
Midtown Omaha


HIGHLIGHTS

  • Turn Key BRICK 12-plex
  • 2026 renovated = low maintenance
  • Close to UNMC, Dundee & Midtown

OVERVIEW

This fully stabilized brick 12-plex offers an exceptional turn-key opportunity, projecting an impressive ~11% cap rate with robust cash flow from day one. Situated in a highly desirable rental pocket, the property is just minutes from the University of Nebraska Medical Center (UNMC), historic Dundee, and vibrant Midtown. Premium Asset Overview Unit Mix: Twelve spacious 1-bed, 1-bath units, each averaging ~650 sq. ft. Renovation Quality: Absolute down-to-the-studs overhaul completed in 2026. Maintenance Profile: Engineered for near-zero ongoing maintenance costs. Tenant Base: High-quality, diversified mix combining stable government-backed HUD-VASH veteran programs with premium-rate traveling nurse contracts. Comprehensive Renovation Details Mechanical & Structural Upgrades All-New Plumbing: Complete replacement of lines to ensure zero legacy pipe issues. New Electrical Systems: Modernized wiring, panels, and fixtures throughout the building. High-Efficiency HVAC: Individualized heating and cooling systems for optimized climate control. Thermal Envelope: Brand new energy-efficient windows and secure exterior doors. Premium Interior Finishes: Modern Kitchens: Equipped with all-new appliances, durable countertops, and fresh cabinetry. Full Bathrooms: Totally updated with modern plumbing fixtures, vanities, and clean tiling. Living Spaces: Fresh paint, durable contemporary flooring, and brand new interior doors. On-Site Laundry: Completely upgraded facility providing maximum convenience for tenants. Elite Location & Strategic Cash Flow Prime Geographic Location UNMC Proximity: Located under 5 minutes from the medical center, creating a constant influx of medical professionals and traveling nurses. Dundee & Midtown: Immediate access to Omaha's premier dining, shopping, and entertainment districts, ensuring long-term historical appreciation and zero vacancy risk. Optimized Rental Income Strategy Furnished Executive Rentals: Select units are fully furnished to capture premium nightly/monthly rates from traveling healthcare professionals. Guaranteed Government Revenue: Backed by the HUD-VASH program, ensuring consistent, timely, and government-subsidized rental distributions dedicated to housing veterans.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$171 USD /SF

# OF UNITS

12

PRICE/UNIT

$129,167

CAP RATE

11.21%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

12-plex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

R7

APN/PARCEL ID

0732-0000-24

ASK ABOUT THIS PROPERTY

Ryan BasyeNebraska RealtyMore Info
402-660-7929

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Ryan BasyeNebraska RealtyMore Info
402-660-7929

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