1120 Park Avenue

Omaha NE 68105

0.26 ac.

Multi-Family

Currently for sale - view listing

Overview

Park Ave 8 presents a rare opportunity to acquire a fully furnished, professionally managed 8-unit investment just 1.5 miles from UNMC/Nebraska Medicine in the Hanscom Park/Field Club area near I-480. Offered at approximately $72,375 per unit, the property features substantial completed improvements, including $397,434 in documented 2023 rehabilitation plus approximately $24,319 in later owner-reported updates to the roof, parking lot, driveway, plumbing, electrical, gas line, water heaters, fencing and coin laundry. Furnished units support mid- or short-term rental strategies. Additional features include 8+ off-street spaces on over 1/4 acre, front and rear access, basement shelter space and potential storage income. Seller financing is available to qualified purchasers with $300,000 down, balance amortized over 15 years, and a negotiable rate based on prevailing market conditions. See attached financials and repair history. POF or lender approval requested. Call agent for details.

Features

7 bedrooms

5 bathrooms

0.26 ac. lot size

Multi-Family

Property history for 1120 Park Avenue

2021

Sold

Undisclosed

15 Oct 2021 by Tim Reeder

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Local market activity for 7 bedroom multi families in Omaha

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Ted Kaasch

at Realty ONE Group Sterling | Omaha

View listing

Sales:: (619) 566-0008

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