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Allura Gardens 1612 E D St 72 Unit Apartment Building $7,200,000 ($100,000/Unit) 8% Cap Rate North Platte, NE 69101

Apartment Buildings Nebraska North Platte 1612 E D St, North Platte, NE 69101

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Investment Highlights

  • 6 Two-Story Multi-Family Apartment Building
  • Fiber Internet installed in every unit
  • Furnished kitchen
  • Washers and Dryers in every building
  • New windows and doors installed/new balconies and decks
  • 48 Garages in 6 banks

Executive Summary

Nestled in the heart of North Platte, Nebraska, Allura Gardens is a 72-unit apartment community. The majority of the property has been thoughtfully updated, featuring
brand-new flooring, fixtures, wiring, windows, doors, drywall, plumbing, and a water heater — offering a seamless blend of style and efficiency. 95% occupied and highly sought after, this property is a rare investment gem with proven returns. Don’t miss your chance to own and secure an exceptional asset in a thriving community

Attachments

Allura Gardens_OM_9.10.25

Property Facts

Price $7,200,000 Building Class C
Price Per Unit $100,000 Lot Size 0.94 AC
Sale Type Investment Building Size 50,400 SF
Cap Rate 8% Average Occupancy 95%
No. Units 72 No. Stories 2
Property Type Multifamily Year Built 1971
Property Subtype
Apartment
  • Multifamily Dormitory
 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style Garden
Zoning COMMERCIAL
Price $7,200,000
Price Per Unit $100,000
Sale Type Investment
Cap Rate 8%
No. Units 72
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 0.94 AC
Building Size 50,400 SF
Average Occupancy 95%
No. Stories 2
Year Built 1971
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning COMMERCIAL

Amenities

Unit Amenities

  • Balcony
  • Dishwasher
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Carpet

Site Amenities

  • Property Manager on Site
  • Maintenance on site
  • Online Services
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 34 - 675
2+1 38 - 715
1 1

Property Taxes

Parcel Number 0007140.00 Improvements Assessment $946,158
Land Assessment $82,357 Total Assessment $1,028,515

Property Taxes

Parcel Number
0007140.00
Land Assessment
$82,357
Improvements Assessment
$946,158
Total Assessment
$1,028,515
(402) 968-9200

Still interested?

Contact the broker for more information about this property

Contact

  • Listing ID: 37649326

  • Date on Market: 9/12/2025

  • Last Updated:

  • Address: 1612 E D St, North Platte, NE 69101

More public record information on 1612 E D St, North Platte, NE 69101

The Multifamily Property at 1612 E D St, North Platte, NE 69101 is currently available for Sale. Contact Access Group for more information.

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Allura Gardens | 1612 E D St
(402) 968-9200 x

Allura Gardens | 1612 E D St

Broc Gregory
(402) 968-9200

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