Log In/Sign Up
Your email has been sent.
Cheever Apartments 1648 N 56th 18 Unit Apartment Building $1,782,000 ($99,000/Unit) Lincoln, NE 68504
INVESTMENT HIGHLIGHTS
- Prime Location: 3 Minutes from Nebraska Wesleyan, 4 Minutes from UNL East Campus, Vasa Fitness, Target, Hy-Vee, Chick-fil-A, Raising Cane’s, and more.
- Desirable Unit Mix: 18 units (6 one-beds, 12 two-beds) with 83% fully remodeled and light value-add upside on remaining units.
- New Roof: Brand-new warrantied EPDM roof installed in 2024.
EXECUTIVE SUMMARY
Meadowlark Apartments are situated just off 56th & Holdrege Street down the street from UNL's East Campus. 89% of units are 800+ SF with 83% remodeled.
PROPERTY FACTS
| Price | $1,782,000 | Building Class | C |
| Price Per Unit | $99,000 | Lot Size | 0.40 AC |
| Sale Type | Investment | Building Size | 15,960 SF |
| No. Units | 18 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1974 |
| Property Subtype | Apartment | Parking Ratio | 1.25/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R6 - Residential District | ||
| Price | $1,782,000 |
| Price Per Unit | $99,000 |
| Sale Type | Investment |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 15,960 SF |
| No. Stories | 2 |
| Year Built | 1974 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | R6 - Residential District |
AMENITIES
UNIT AMENITIES
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | 729 |
| 2+1 | 12 | - | 844 |
1 1
PROPERTY TAXES
| Parcel Number | 17-16-320-001-000 | Improvements Assessment | $1,184,600 |
| Land Assessment | $108,000 | Total Assessment | $1,292,600 |
PROPERTY TAXES
Parcel Number
17-16-320-001-000
Land Assessment
$108,000
Improvements Assessment
$1,184,600
Total Assessment
$1,292,600
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Cheever Apartments | 1648 N 56th
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.