805 S 5th St.

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805 S 5th 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 available for purchase in Norfolk Nebraska.
  • Located at 805 S 5th St. in a central Nebraska market.
  • Property represents a residential investment asset for local market participants.
  • Asset type serves the needs of long-term rental housing tenants.
  • Strategic regional location supports consistent demand for local residential properties.

What's Special

This multifamily property at 805 S 5th St. in Norfolk, Nebraska, is currently listed for sale and serves as an ideal acquisition for investors seeking to expand their residential holdings. The apartment building offers a stable base for those looking to capitalize on rental demand within the local market. Norfolk serves as a primary hub for commerce and industry in northeast Nebraska, benefiting from a diverse regional economy that supports consistent housing needs. An asset of this type is well-positioned for traditional long-term rentals, providing utility for a range of prospective tenants from local professionals to families. The location offers convenient access to regional infrastructure and supports the growth of the local workforce. Investors will find that the property aligns with the requirements of a portfolio focused on multi-family residential assets in a stable mid-western market. Its structural profile provides an opportunity for property managers to maintain steady occupancy rates in a key Nebraska center.

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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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