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Allura Gardens 1612 E D St 72 Unit Apartment Building $6,900,000 ($95,833/Unit) 7.50% Cap Rate North Platte, NE 69101
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
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
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $6,900,000 | Building Class | C |
| Price Per Unit | $95,833 | Lot Size | 0.94 AC |
| Sale Type | Investment | Building Size | 50,400 SF |
| Cap Rate | 7.50% | Average Occupancy | 95% |
| No. Units | 72 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1971/2024 |
| Property Subtype | Apartment | Parking Ratio | 0.95/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Zoning | COMMERCIAL | ||
| Price | $6,900,000 |
| Price Per Unit | $95,833 |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| No. Units | 72 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.94 AC |
| Building Size | 50,400 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1971/2024 |
| Parking Ratio | 0.95/1,000 SF |
| Opportunity Zone |
Yes |
| 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 | $950.00 | 675 |
| 2+1 | 38 | $1,050 | 715 |
1 1
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,771,033 | |
| Land Assessment | $413,364 | Total Assessment | $3,184,397 |
Property Taxes
Parcel Numbers
Land Assessment
$413,364
Improvements Assessment
$2,771,033
Total Assessment
$3,184,397
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Allura LLP
Allura Gardens | 1612 E D St
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