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750 E 3rd St
Chadron, NE 69337
Log Cabin Apartments · Multifamily Property For Sale · 10 Units

PROPERTY FACTS

No. Units 10
Property Type Multifamily
Apartment Style Garden
Lot Size 0.24 AC
Building Size 3,064 SF
Average Occupancy 60%
No. Stories 2
Year Built/Renovated 1930/1975
Parking Ratio 1.96/1,000 SF
Zoning Commercial

ABOUT 750 E 3RD ST , CHADRON, NE 69337

10-unit Class C Apartment in Chadron, NE. Formerly a hotel. The manager’s office is a 3bd home that rents for $900, plus 5 efficiency units ($350/month), 4 1-bedroom units ($425/month), and a laundry room. Current monthly income is $2,450, currently 4 vacancies and potential monthly income of $4,000. Gas, electric, water, sewer, internet, cable, taxes & insurance add up to about $1,500 in owner monthly expenses. There is a lot of upward potential with the apartment but will require updates and renovations in some areas. Apartment is priced way below normal cap rates and comparable value to reflect such. Requires 48 hr notice to view.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
230005744
Land Assessment
$30,260
Improvements Assessment
$71,805
Total Assessment
$102,065
  • Listing ID: 18651266

  • Date on Market: 2/26/2020

  • Last Updated:

  • Address: 750 E 3rd St, Chadron, NE 69337

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