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1305 N Erie St
Lexington, NE 68850

Northwest Place · Multifamily Property For Sale · 24 Units

PROPERTY FACTS

No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 1.10 AC
Building Size 10,000 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1975/2018
Parking Ratio 0.2/1,000 SF

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Double Pane Windows

About 1305 N Erie St , Lexington, NE 68850

UNDER CONTRACT - READ ALL SALE NOTES , DESCRIPTIONS, AND PDF ATTACHMENTS BEFORE REQUESTING MORE INFORMATION! New Windows and Siding in Late Summer early fall 2018. Drive way to be replaced in late October 2018. Please read all Sales Notes, PDF Brochures, and other information listed here, above, and below before requesting more information via email lead system. Located across the street from the Hospital. Near schools. Fully occupied, the apartments are in high demand. Property has been full for years. 2 Bed 1 bath units. Fresh paint and new tile floors in hallways. Exterior and window remodel In Progress. Excellent Condition. This complex has a large greenspace and plenty of Parking. Operating expenses include the cost of a property manager. Tenants pay own electric, cable, and phone. Owner pays water, sewer, trash, yard lights. Positive cash flow of 12.4% makes this a great buy! Bank letter on Bank letterhead confirming funds and/or loan ability and Confidentiality Agreement signed are required before viewing individual units or securing any rent rolls. No exceptions.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 24 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
24-0149041
Land Assessment
$30,777
Improvements Assessment
$1,288,835
Total Assessment
$1,319,612

zoning

Zoning Code 00
00
  • Listing ID: 13033890

  • Date on Market: 6/29/2018

  • Last Updated:

  • Address: 1305 N Erie St, Lexington, NE 68850

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