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WALLACE HOTEL 218 COMMERICAL ave 12 Unit Apartment Building $210,000 ($17,500/Unit) 5% Cap Rate Wallace, NE 69169
Property Facts
Amenities
Site Amenities
- Laundry Facilities
- Furnished Units Available
- Maintenance on site
- Multi Use Room
- Individual Leases Available
About 218 COMMERICAL AVE , WALLACE, NE 69169
WHAT A GREAT OPPORTUNITY TO OWN A PIECE OF HISTORY! THE WALLACE HOTEL AND LAUNDROMAT. THE ICE CREAM PARLOR WITH BOOTHS IS STILL INTACT. IT IS CURRENTLY USED TO RENT OUT FOR GATHERINGS. THE OWNERS SUITE COULD BE RENTED OUT AS 2 UNITS AND IS NOT INCLUDED IN THE CURRENT FIGURES. THERE IS ALSO AN LAUNROMAT THAT BRINGS ADDITIONAL INCOME. NET INCOME DOES NOT INCLUDE AND ALLOWANCE FOR THE OWNERS UNIT IF IT WERE RENTED OUT.
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Somewhat walkable
20/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0097770.00 | Improvements Assessment | $95,320 |
| Land Assessment | $6,300 | Total Assessment | $101,620 |
Property Taxes
Parcel Number
0097770.00
Land Assessment
$6,300
Improvements Assessment
$95,320
Total Assessment
$101,620
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WALLACE HOTEL | 218 COMMERICAL ave
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