315 East Overland, Scotts

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315 East Overland, Scotts

Scottsbluff, NE 69361
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 in Scottsbluff, Nebraska.
  • Property consists of a four-plex residential unit configuration.
  • Strategically positioned within the North Platte Valley region.
  • Stable regional economy driven by healthcare and agriculture.
  • Investment asset suitable for residential property portfolios.

What's Special

Scottsbluff, Nebraska, serves as a primary regional hub for the North Platte Valley, providing a stable economic foundation centered around agriculture, healthcare, and retail services. This multifamily apartment building, situated at 315 East Overland, benefits from its presence in this growing suburban market. The asset consists of a four-plex configuration, offering a versatile structure for residential investment portfolios. Given the consistent demand for rental housing in Scottsbluff, this property serves as a functional addition for investors seeking to expand their footprint in the region. Its location provides tenants with accessible proximity to local services and the broader regional infrastructure characteristic of Western Nebraska communities. The layout is well-suited for stable, long-term leasing operations, catering to individuals and small families moving to the area for employment or educational opportunities within the regional centers.

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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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