Log In/Sign Up
Your email has been sent.
The Cooper Apartment Homes 714 W 10th St 6 Unit Apartment Building $500,000 ($83,333/Unit) 8.80% Cap Rate Cozad, NE 69130
Executive Summary
Opportunity awaits with this well-maintained 6-plex multifamily property in Cozad. Built in 1964, this solid investment features two 2-bedroom, 1-bath units and four 1-bedroom, 1-bath units, totaling approximately 3,252 sq. ft. of finished space. Each unit is individually metered and equipped with electric radiant cove heating and separate A/C, offering tenants efficient comfort and reducing ownership expenses. The one-bedroom units are approximately 500 sq. ft. each, while the two-bedroom units offer around 600 sq. ft. of living space. The property has been kept up to date and is fully occupied, with consistent rental history. In fall of 2025, a new roof was installed and some siding repairs were completed. This turnkey property is an excellent opportunity for investors looking for stable cash flow in a smaller, manageable asset. 48-hour notice required for all showings.
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
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
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 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $83,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.30 AC |
| Cap Rate | 8.80% | Building Size | 3,252 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 99% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1964/2018 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | $500,000 |
| Price Per Unit | $83,333 |
| Sale Type | Investment |
| Cap Rate | 8.80% |
| Sale Condition | 1031 Exchange |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 3,252 SF |
| Average Occupancy | 99% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2018 |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Gas Range
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $767.00 | 500 - 600 |
| 2+1 | 2 | $867.00 | 600 - 650 |
1 1
Property Taxes
| Parcel Number | 24-0107500 | Improvements Assessment | $223,425 |
| Land Assessment | $6,942 | Total Assessment | $230,367 |
Property Taxes
Parcel Number
24-0107500
Land Assessment
$6,942
Improvements Assessment
$223,425
Total Assessment
$230,367
1 of 22
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
The Cooper Apartment Homes | 714 W 10th 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.