713 S 3 rd St

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713 S 3 rd St

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).

  • Multifamily apartment building located at 713 S 3rd St
  • Property is currently available for purchase in Norfolk Nebraska
  • Asset sits within a primary commercial center in the region
  • Ideal location for investors targeting steady rental housing demand
  • Facility serves the workforce housing needs of the local market

What's Special

This multifamily apartment building for sale in Norfolk, Nebraska, presents a functional addition for an investor seeking to expand their residential holdings. Situated at 713 S 3rd St, the property resides within a regional hub known for its stable economy and steady demand for local workforce housing. Norfolk serves as a primary commercial center for the surrounding agricultural and industrial regions, providing a consistent base of potential long-term tenants. Given the layout and asset type, the property is well-suited for a buyer focused on portfolio diversification or managing steady rental income streams in a growth-oriented community. Proximity to local infrastructure and regional thoroughfares ensures efficient access to services throughout this established Nebraska submarket, making it a practical choice for those focused on core multifamily investments.

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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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