2501 A St
- Two-building, 12-unit Multifamily investment opportunity
- Ten 1 bedroom/ 1 bathroom units
- Two studio units
- 100% occupancy
- Positioned on the A Street corridor, near the Lincoln Children’s Zoo
- Original hardwood floors, updated bathroom and kitchen appliances, onsite laundry, off-street covered parking
- Potential for value-add through lease roll and optimization of operations
Property Description
2501 and 2505 A St. is a renovated, smaller-scale multifamily asset perfect for an investor looking to manage the property themselves. It has experienced steady occupancy rates with quick leasing turnarounds due to the property’s appeal to a broad tenant base. The property provides investors with stable in-place income while also offering meaningful upside through future rent growth and operational efficiencies. With 12 units, the asset presents an attractive value-add opportunity for an owner-operator looking to improve performance through hands-on management and disciplined expense control. Self-management could be an effective way to reduce operating costs, increase net income, and create additional value over time, all while maintaining a manageable day-to-day workload due to the property’s smaller scale. 2501 and 2505 A St. is perfect for renters seeking a property with character in a neighborhood setting, while also having quick access to downtown and South Lincoln. This asset offers investors the chance to own a property in a central infill location where tenant demand is supported by access, convenience, and surrounding housing stock.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,100,000 |
| No. of Units: | 12 |
| Year Built: | 1964 |
| Lot Size: | 0.32 Acres |
| Opportunity Zone: | No |
| Price per unit: | $91,667 |
| Property Website | Click Here |
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