304 N 12th St

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304 N 12th St

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

AI Property Summary

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

  • Multifamily property located in Norfolk, Nebraska
  • Building features a total of four residential units
  • Situated at the address of 304 N 12th St
  • Asset provides potential for consistent long-term rental income
  • Located within a established residential area in Norfolk

What's Special

This multifamily asset consists of 4 units located at 304 N 12th St in Norfolk, Nebraska. The property is positioned within a established residential area of Norfolk, a regional hub in Northeast Nebraska known for its steady local economy and role as a center for commerce and industry. The city serves a population that relies on diversified employment sectors including manufacturing, healthcare, and education. Investors and property managers will find this small-scale residential building a functional addition to a rental portfolio. Its size allows for efficient management while providing reliable housing options for the local workforce. Given its configuration and placement, the building is well-suited for long-term residential leasing strategies in a stable Midwestern market. The straightforward nature of this investment makes it a practical choice for those looking to expand their footprint in the Norfolk submarket.

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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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