See Home Value
$6,685,964*
Multifamily - Off Market

8240 Blondo Street

Omaha, NE 68134
bedrooms
Studio
bathrooms
0 Bath
$4,500,000 - $5,500,000
Reference Base Price*
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

A Broker/Public Open is scheduled for Wednesday Sept 16, 3 to 6 and Saturday Sept 19, 11 to 2. Guided tours begin every hour on the hour.  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.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$59,658
HOA Dues
-
Year Built
1964

Price History

Date / Event Date Event Price
Oct 30, 2020 No longer available -
No longer available
Oct 28, 2020 Relisted $5,000,000
Relisted
Oct 9, 2020 No longer available -
No longer available
Sep 3, 2020 Listed $5,000,000
Listed

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200903
09/03/2020
Studio
-
-
$5,000,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

8240 Blondo Street 8240 Blondo Street, Omaha, NE 68134
More about this Building
8240 Blondo Street
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About North Central Omaha


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