421 Capitol Beach Boulevard

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421 Capitol Beach Boulevard

Lincoln, NE 68528
Asking Price
$1.29M
Cap Rate
5.34%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

13 Units | Value-Add Opportunity | Separately Metered Gas & Electric | 22 Parking Stalls <ul><li>​3-unit multifamily investment opportunity in west Lincoln near Capital Beach</li><li>​Unit mix includes six 1-bed/1-bath units, six 2-bed/1-bath units, and one studio unit</li><li>​Current ownership operates property with month-to-month leases, allowing operational flexibility for new ownership</li><li>​Separately metered gas and electric utilities</li><li>​Owner currently pays water, sewer, and trash</li><li>​22 off-street parking stalls included for tenant use</li><li>​Additional inco

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NOI
$80,000
Cap Rate
6.18%
DSCR
1.04
Tight
Cash-on-Cash
0.80%
Monthly Payment
$6,406.953
Annual Cash Flow
$3,116.559

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