$1,450,000
bedrooms
16
bathrooms
0
square feet
0
Acreage
-
Open Houses
-
year built
1984
Full Baths
0
Half Baths
0
Rare opportunity to purchase a performing 7-unit portfolio of well-maintained townhomes and townhome style condos at approximately a 6% cap rate. 2 @ 3-Bed Units and 5 @ 2-Bed Units. Five units in Southwood, 2 units at Capital Beach. $125,000 in annual rent income. Fully rented, most tenants are long term. Leases are well under market value leaving much room for improvement on monthly rental income. All units come with forced air furnace and central air conditioning. All units come with a garage. All measurements and inputs are estimated due to MLS not having a category for single family portfolio sales. Buyer assumes all responsibility for verifying inputs and measurements. Annual Estimates: $124,320 Rental Income. $15,900 Taxes. $6,700 Insurance (portfolio policy). $1,500 Utilities (Trash Only). $14,500 Maintenance (at 1% of value). Southwood Place House Addresses = 2142, 2201, 2215, 2219, 2227. The Capitol Beach House Addresses = 509 and 511. Seller will ONLY sell as a package.
Location | |
Subdivision | See attached document for addresses and legal descriptions. |
County | Lancaster |
Elementary School | Hill |
Middle School | Scott |
High School | Southwest |
Open houses
None scheduled.
Find out more
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MLS number: 22501988
Listing agent:
Derek Kats
Listing broker:
Keller Williams Lincoln
(402) 328-0200
Copyright © 2025 Great Plains Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Wednesday, January 22 2025 at 2:53 p.m. EST
Kotohomes National