206  208 W Bluff

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206 208 W Bluff

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).

  • Residential apartment building located in Norfolk Nebraska
  • Asset features a total of two individual units
  • Property situated at the address 206-208 W Bluff
  • Norfolk serves as a key regional economic hub
  • Suitable investment for small-scale residential portfolio growth

What's Special

This two-unit multifamily apartment building located at 206-208 W Bluff in Norfolk, Nebraska, provides a straightforward residential investment opportunity. Positioned within a steady regional market, the property serves the local housing demand found in this growing Nebraska community. Norfolk functions as a primary economic hub for the surrounding region, supported by diversified sectors such as manufacturing, healthcare, and retail. As a modest apartment building, the asset is suitable for investors seeking to build or expand a residential portfolio in a stable Midwestern environment. The layout supports efficient management and is well-positioned to attract long-term tenants who prioritize accessibility and proximity to local services. Current market conditions in Norfolk reflect consistent interest in rental housing, making this an addition for those evaluating income-generating assets in smaller, reliable secondary markets.

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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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