818 Lincoln Rd | Bellevue, NE 68005
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818 Lincoln Rd
Bellevue, NE 68005
Cornhusker Creek Apartments · Multifamily Property For Sale
·
82 Units
INVESTMENT HIGHLIGHTS
- Option to assume existing debt at 4.28%
- Strong submarket fundamentals with persistent 5% vacancy
- Well-maintained asset with capital improvements taken care of as needed
- 94% average occupancy in the prior 12 months
- Great value add on light renovations
- Great mix of one-, two- and three-bedroom floor plans averaging 875 SF
PROPERTY FACTS
| No. Units | 82 | Building Size | 88,450 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1972 |
| Building Class | C | Parking Ratio | 1.45/1,000 SF |
| Lot Size | 4.81 AC | ||
| Zoning | RG-20 | ||
| No. Units | 82 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.81 AC |
| Building Size | 88,450 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1972 |
| Parking Ratio | 1.45/1,000 SF |
| Zoning | RG-20 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Heating
- Ceiling Fans
- Refrigerator
- Range
- Patio
- Smoke Free
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Picnic Area
- Playground
- Property Manager on Site
- Online Services
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 39 | $825.00 | 725 - 750 |
| 2+1 | 33 | $950.00 | 725 - 925 |
| 2+2 | 8 | $1,200 | 1,200 |
| 3+2 | 2 | $1,550 | 1,500 |
PROPERTY TAXES
| Parcel Number | 010387021 | Improvements Assessment | $4,932,678 |
| Land Assessment | $942,143 | Total Assessment | $5,874,821 |
PROPERTY TAXES
Parcel Number
010387021
Land Assessment
$942,143
Improvements Assessment
$4,932,678
Total Assessment
$5,874,821
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