NE > Lincoln > See Attached Document For Addresses And Legal Descriptions.
Lincoln, NE 68512,2142 Southwood Place
Lincoln, NE 68512,2142 Southwood Place
Lincoln, NE 68512,2142 Southwood Place
Lincoln, NE 68512,2142 Southwood Place
Lincoln, NE 68512,2142 Southwood Place
Lincoln, NE 68512,2142 Southwood Place
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Tyler Johnson

Tyler Johnson

+1(402) 616-5801
$ 1,450,000
Est. payment | /mo

15 Beds

8,646 SqFt

Save
$ 1,450,000
Est. payment | /mo
Save

15 Beds

8,646 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,646 sqft

Price per Sqft $167

Subdivision See Attached Document For Addresses And Legal Descriptions.

MLS Listing ID 22501988

Bedrooms 15

Construction Status Not New and NOT a Model

HOA Fees $800/mo

HOA Y/N Yes

Year Built 1984

Annual Tax Amount $15,900

Tax Year 2024

Property Description

Rare opportunity to purchase a performing 7-unit portfolio of well-maintained townhomes and townhome style condos. 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. $5,950 Insurance (portfolio policy). $14,500 Maintenance (at 1% of value).

Location

State NE

County Lancaster

Area Lancaster

Interior

Heating Other

Fireplaces Number 3

Heat Source Other

Exterior

Parking Features Attached, Detached

Garage Spaces 8.0

Fence Other

Building

Lot Description Up to 1/4 Acre.

Foundation Other

Lot Size Range Up to 1/4 Acre.

Sewer Public Sewer, Public Water

Water Public Sewer, Public Water

Construction Status Not New and NOT a Model

Schools

Elementary Schools Hill

Middle Schools Scott

High Schools Southwest

School District Lincoln

Others

Tax ID 09-12-220-002-000

Ownership Condominium,Fee Simple

Listed by Keller Williams Lincoln
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+1(402) 616-5801

tyler@americanlegacylandco.com

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2142 Southwood Place