1015 Lincoln St.

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1015 Lincoln St.

Wayne, NE 68787
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).

  • Located at 1015 Lincoln St. in Wayne, Nebraska.
  • Multifamily apartment building available for purchase.
  • Proximity to regional educational and economic employment drivers.
  • Suitable asset for focused residential rental investment strategies.
  • Positioned within a consistent Northeast Nebraska submarket.

What's Special

The multifamily apartment building at 1015 Lincoln St. in Wayne, Nebraska, presents a functional asset for investors looking to expand their portfolio within this growing regional hub. Situated in a community characterized by steady local demand and proximity to key institutional anchors like Wayne State College, this property is well-positioned to serve the housing needs of students and local professionals alike. The structure serves as a stable addition to a residential investment strategy in Northeast Nebraska, offering consistent utility for tenants who require reliable access to the downtown area and major transportation corridors. Its location within Wayne supports long-term occupancy trends typical of well-situated mid-market rental properties. Prospective owners will find a straightforward asset that fits well into a diversified real estate holdings strategy focused on tertiary market growth and tenant stability.

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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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