108/110 W Sycamore Ave

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108/110 W Sycamore Ave

Norfolk, NE 68701
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Two-unit multifamily apartment building available for purchase
  • Located on W Sycamore Ave in Norfolk, Nebraska
  • Asset category is designated as a residential apartment building
  • Strategically positioned within a key Northeast Nebraska commercial hub
  • Property size consists of two distinct residential rental units

What's Special

The two-unit multifamily apartment building at 108/110 W Sycamore Ave provides an option for investors seeking to grow their residential holdings in Norfolk, Nebraska. This asset serves the local rental market by providing housing inventory within a key regional hub known for its established agricultural and manufacturing sectors. The property structure is designed to accommodate stable tenant occupancy, making it suitable for those focused on income-producing residential assets in a steady Midwestern submarket. Norfolk functions as a commercial center for Northeast Nebraska, supporting a consistent demand for well-maintained living spaces. Given the current configuration of the property, prospective owners gain a manageable entry point into the multi-family asset class. The location offers proximity to major regional thoroughfares and services, which contributes to the overall utility for residents. Investors looking for a straightforward addition to their portfolio will find this asset represents a reliable approach to real estate holdings in this growing municipal environment.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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