913 W J St

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913 W J St

Hastings, NE 68901
Asking Price
$350K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in Hastings, Nebraska
  • Available for purchase at an asking price of $350,000
  • Property situated on a large commercial-zoned lot
  • Positioned in a high-traffic area for improved visibility
  • Offers potential for continued residential investment or development

What's Special

Hastings, Nebraska, serves as a significant regional hub within Adams County, supported by a diverse local economy and steady population base. Situated at 913 W J St, this multifamily apartment building occupies a notable position within a high-traffic corridor. The asset provides a foundation for residential investment in a market characterized by consistent demand for rental housing. Investors can leverage the existing structure to maintain current operations or explore potential redevelopment strategies to maximize the utility of the site. Its placement near key transit routes ensures connectivity throughout the city, making it a functional choice for tenants seeking proximity to local employers and amenities. This property represents a straightforward entry point for those looking to expand a portfolio within the regional Nebraska market.

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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692

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