1309 N 49th Avenue
- 73 Units in One Contiguous Setting: A uniquely concentrated multifamily portfolio that creates the feel of a larger apartment community while offering the operating efficiencies of consolidated ownership.
- Established Multifamily Product with Value-Add Potential: One- and two-bedroom floor plans currently range from approximately 525 to 880 SF, with a mix of existing finishes and renovated units providing an opportunity to continue a strategic renovation and rent-growth program. Current advertised base rents generally range from approximately $750 to $1,125 per month depending on unit type and condition.
- Irreplaceable Midtown Infill Location: Located immediately adjacent to the Dundee area and approximately 1.6 miles from UNMC, with convenient access to Creighton University, Downtown Omaha, Benson and many of the city's strongest employment, dining and entertainment districts.
Property Description
The Dundee Creek Apartments present a rare opportunity to acquire a 73-unit multifamily portfolio concentrated within a contiguous residential setting in Midtown Omaha. Rather than a collection of scattered assets, the portfolio functions as its own apartment community, offering an investor meaningful scale and operational efficiency while maintaining the character of a neighborhood setting. The property features a diverse mix of one- and two-bedroom residences, off-street parking, garage availability and a combination of original and updated interiors. Positioned between several of Omaha's most established urban neighborhoods and just minutes from UNMC, Creighton University, Dundee, Benson and Downtown Omaha, Dundee Creek offers a compelling combination of location, scale and long-term value-add potential.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $6,300,000 |
| No. of Units: | 73 |
| Opportunity Zone: | No |
| Price per unit: | $86,301 |
| Property Website | Click Here |
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