8240 Blondo Street

Estimated Monthly Payment: $27,772/mo 8240 Blondo Street, Omaha, NE 6 MLS# 22026915 Multifamily Listing Status: Active
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REMARKS:

This property just realized a 33% increase in trailing 12 month operating income and is currently operating at 98% occupancy with NOI just under 300k. That's a solid 6% cap rate with all the capital expenses in the rear-view mirror. 47 units recently remodeled. All you have to do is sit back and collect the rent. Additional Property Info... 1 yr old Atlas IR composite roof. 100 +/- Tenant/Visitor off street parking. Dedicated laundry in each building. Only 10 units remain on subsidized rent. 12 units mo/mo. Now operating at 96% market rate. Located on high traffic bus route. Electricity metered per unit, water/gas/sewer on fee schedule. Property Manager Notes… The current financial profile reflects sustainable gains in NOI as a direct result from correcting previously deferred capital expenditures and new management structures.

OVERVIEW:

Active
Multi-Family
West Benson
1964
Over 1 up to 5 Acres
Brick/Other
Composition
Other
None
Other
Gas
Central Air
Public Sewer,Public Water

FEATURES:

Fence :Other

SCHOOLS:

Adams
Monroe
Northwest
Omaha

FINANCIAL:

$5,000,000
$59,658
2019

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Nebraska Realty

 

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