Pending
7739 Main Street
Ralston NE, 68127
$1,795,000
Pending
Multi-family
Built in 1970
PROPERTY SPECIFICATIONS o Avery Place Apartments o 7739, 7745 & 7755 Main Street, Ralston, NE 68127 o Class C (1952/1952/1990)/????? o Unit mix: (3) 1BR1BA 600 SF, (4) 2BR1BA 675 SF, (3) 1BR1BA 500 SF, (2) studio1BA 475 SF, (1) 2BR1BA 600 SF, (1) 2BR1BA 765 SF & (6) 1BR1BA 575 SF PHYSICAL CONDITION o Age of roof: 2023 o Apartment condition: (11) units fully renovated & (2) units undergoing full renovation work Fully renovated: upgraded-waterproof LVP flooring, lights, door hardware, updated kitchens & bathrooms o Upgraded mechanicals [(14) furnaces & (16) A/Cs replaced in past 3 - 7 years] o Common areas recently painted o Hardwired smoke/CO detection systems & GFI o Re-striped parking lot FINANCIAL METRICS o Capitalization rate: 6.69% o Gross rent multiplier: 11.70 o Income/Expense Ratio: 40.96% o Return-On-Equity (ROE): 6.18% o Near-term monthly gross revenue: $17,500 o T-12 controllable operating expenses: $47,552 o T-12 fixed expenses [property insurance & taxes]: $35,746
22421967
MLSⓇ ID
August 27, 2024
Listed
November 22, 2024
Updated
Map
7739 Main Street
Ralston NE, 68127
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Electric, Gas, Baseboard, Forced Air
Exterior/Building Features
Lot Size
0.63 Acres
Lot Features
Over 1/2 up to 1 Acre
Sewer
Public Sewer
School Information
School District
Ralston
High School
Ralston
Elementary School
Seymour
Other Property Details
Area Name
Douglas
Taxes
$18,348
Tax Frequency
Annually
Garage
Yes
Garage Spaces
7
Parking
Attached
Parking Total
21
View
No
County
Douglas
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
10/15/2024 | Pending | — |
Listed by Stephen Ward, Exceptional Properties Group, 402-213-1936
Based on information from Great Plains Regional MLS, Inc. as of 11/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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Data last updated 10:20 AM UTC, 11/22/2024