6917 Military Ave - Apartments FOR SALE


Omaha, NE 68104- North Omaha
$700,000 USD
404-740-9458
6917 Military Ave, Omaha, NE for Sale
$700,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

6917 Military Ave
Omaha, NE 68104
North Omaha


HIGHLIGHTS

  • Newly paved parking lot (2025). Updated windows throughout
  • Roof and gutters replaced prior to current ownership (Approx. 2021). Composite decks in good condition
  • Individually metered electricity. Electrical panels up to code
  • Central water heater (approximately 15 years old)
  • Significant mechanical upgrades have been completed as part of prior capital expenditures
  • On-site community laundry with (2) washers and (2) dryers 

OVERVIEW

6917 Military Avenue is a well-maintained 12-unit multifamily community located in an established Omaha submarket with consistent rental demand. The property consists of ten (10) one-bedroom, one-bath units and two (2) two-bedroom, one-bath units, offering an efficient and highly leasable unit mix that appeals to a broad renter demographic. With meaningful capital improvements completed under current and prior ownership. The roof and gutters were replaced in approximately 2021, and the parking lot was newly paved in 2025, enhancing curb appeal and reducing near-term capital exposure. Updated windows throughout the property improve energy efficiency and tenant comfort. Electrical systems are individually metered, and panels are up to code. The property includes a central water heater (approximately 15 years old) and a furnace that is 20+ years old, with significant mechanical upgrades completed as part of prior capital expenditures. On-site community laundry includes two washers and two dryers, providing an additional amenity and revenue component.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$111 USD /SF

# OF UNITS

12

PRICE/UNIT

$58,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,806 SF

ZONING

R7

APN/PARCEL ID

2218-0000-14

ASK ABOUT THIS PROPERTY

Mo BarryLee & Associates | OmahaMore Info
404-740-9458

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Mo BarryLee & Associates | OmahaMore Info
404-740-9458

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