806 S 6th St

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806 S 6th 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 available for purchase in Norfolk, Nebraska
  • Asset located at 806 S 6th St in the 68701 zip code
  • Suitable investment for those pursuing residential rental income
  • Positioned within a reliable Northeast Nebraska economic market
  • Functional layout provides for efficient long-term property management

What's Special

This multifamily property is available for sale in Norfolk, Nebraska. Investors seeking to expand their residential portfolio will find this asset suitable for long-term rental income strategies. The location at 806 S 6th St provides proximity to local residential amenities in a community characterized by steady regional growth and a reliable workforce. As part of a key economic hub in Northeast Nebraska, Norfolk maintains a diverse local economy supported by manufacturing, retail, and regional trade services. Prospective buyers can leverage this position within the market to cater to a consistent demand for apartment housing. The building design aligns with standard residential configurations, facilitating functional property management and tenant retention efforts in an established neighborhood setting. This offering represents a straightforward acquisition for those active in the regional multifamily space.

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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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