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Preserve at Evans Place 10505 Evans Plz 418 Unit Apartment Building For Sale Omaha, NE 68134
INVESTMENT HIGHLIGHTS
- Significant Value-Add Upside with Proven $170+ Rental Premiums Post-Renovation
- Opportunity to Obtain Immediate Economies of Scale with 400+ Units
- Great Highway Connectivity | Proximate to Key Demand Drivers
- $744,000+ of Additional Income Via Continued Unit Interior Modernizations
- Prime Douglas County Location – Rated A+ by Niche
- Offered Free & Clear
EXECUTIVE SUMMARY
As the exclusive advisor, MMG Real Estate Advisors is pleased to present the opportunity to acquire the Preserve at Evans Place, a 418-unit multifamily community located in Omaha, Nebraska. The asset is centrally located and boasts an incredibly strong surrounding demographic profile. The Preserve at Evans Place exudes timeless charm, characterized by intricate architectural details and a genuine sense of neighborhood and community— an environment residents are proud to call home. The property has undergone expert renovations that both modernize the interiors and preserve its most distinctive architectural features. These thoughtful updates position the community to attract quality, long-term residents while continuing to enhance the living experience for current tenants.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 23.97 AC |
| No. Units | 418 | Building Size | 411,600 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1972/2024 |
| Building Class | C | Parking Ratio | 1.28/1,000 SF |
| Zoning | R6 - Heavy residential | ||
| Sale Type | Investment |
| No. Units | 418 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 23.97 AC |
| Building Size | 411,600 SF |
| Average Occupancy | 92% |
| No. Stories | 3 |
| Year Built/Renovated | 1972/2024 |
| Parking Ratio | 1.28/1,000 SF |
| Zoning | R6 - Heavy residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Storage Space
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- High Speed Internet Access
- Satellite TV
- Stainless Steel Appliances
- Range
- Walk-In Closets
- Carpet
- Patio
SITE AMENITIES
- Business Center
- Clubhouse
- Courtyard
- Day Care
- Fitness Center
- Laundry Facilities
- Playground
- Furnished Units Available
- Sundeck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 252 | $723.00 | 663 - 765 |
| 2+1 | 84 | $1,016 | 947 - 1,002 |
| 2+2 | 82 | $1,092 | 994 - 1,049 |
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PROPERTY TAXES
| Parcel Number | 1181-0045-17 | Improvements Assessment | $22,285,300 |
| Land Assessment | $2,088,300 | Total Assessment | $24,373,600 |
PROPERTY TAXES
Parcel Number
1181-0045-17
Land Assessment
$2,088,300
Improvements Assessment
$22,285,300
Total Assessment
$24,373,600
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Preserve at Evans Place | 10505 Evans Plz
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