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1940 S Cotner Blvd
Lincoln, NE 68506
Asking Price
$2.20M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 17 Units <ul><li>Four-building, 17-unit Multifamily investment opportunity</li><li>Four 3 bedroom/1 bathroom units</li><li>Eight 2 bedroom/1 bathroom units</li><li>Five 1 bedroom/1 bathroom units</li><li>94% occupancy</li><li>Positioned in the 48th Street corridor, near Bryan Medical Center East Campus</li><li>Original hardwood floors, updated bathroom and kitchen appliances, onsite laundry, large off-street parking area</li><li>Potential for value-add through lease roll and optimization of opera
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NOI
$80,000
Cap Rate
3.64%
DSCR
0.61
Underwater
Cash-on-Cash
-7.67%
Monthly Payment
$10,884.4
Annual Cash Flow
$-50,612.796
