Log In/Sign Up
Your email has been sent.
Investment Highlights
- 12-unit, all 1-bed / 1-bath
- Pro forma NOI: ~$81,000 | 7.7% cap rate
- Convenient access to I-80 and major employment corridors
- 100% occupied with recent renovations (roof + HVAC in 2022)
- Current rents below market with clear room for growth
Executive Summary
Roni Lee Apartments presents a turnkey, low-maintenance 12-unit multifamily opportunity in a high-demand rental corridor of South Omaha. This 100% one-bedroom, one-bathroom building has undergone key capital improvements, including a new roof and HVAC system upgrade in 2022, replacing the original boiler system—reducing operating costs and increasing tenant comfort. This asset offers strong in-place cash flow with upside potential through interior cosmetic updates with rent increases.
Property Facts
| Price | $1,056,000 | Building Class | C |
| Price Per Unit | $88,000 | Lot Size | 0.27 AC |
| Sale Type | Investment | Building Size | 8,613 SF |
| Gross Rent Multiplier | 9.61 | Average Occupancy | 92% |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1965/2022 |
| Property Subtype | Apartment | Parking Ratio | 1.63/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R7 | ||
| Price | $1,056,000 |
| Price Per Unit | $88,000 |
| Sale Type | Investment |
| Gross Rent Multiplier | 9.61 |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 8,613 SF |
| Average Occupancy | 92% |
| No. Stories | 3 |
| Year Built/Renovated | 1965/2022 |
| Parking Ratio | 1.63/1,000 SF |
| Zoning | R7 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
1 1
Walk Score®
Very Walkable (79)
Property Taxes
| Parcel Number | 0781-0000-04 | Improvements Assessment | $528,400 |
| Land Assessment | $36,000 | Total Assessment | $564,400 |
Property Taxes
Parcel Number
0781-0000-04
Land Assessment
$36,000
Improvements Assessment
$528,400
Total Assessment
$564,400
1 of 26
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Roni Lee | 4422 S 25th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.



