12135 Lisa CirOmaha, NE 68137

For Sale
$1,300,000

11-Unit Apartment Complex, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents two well-maintained apartment buildings situated on a 0.52-acre lot in Omaha, Nebraska (68137). The property, totaling 5,816 square feet, comprises eleven units: ten two-bedroom units and one one-bedroom unit, spread across two buildings constructed in 1963 and 1984, and recently renovated in 2024. Located near the intersection of 120th and L Street, this prime location offers convenient access to I-80, major shopping centers, and is within the desirable Millard School District. The property boasts a projected 6% cap rate and is priced at $1,300,000. Each building features on-site laundry facilities, and all units include essential appliances (dishwashers, electric stoves, and refrigerators). Streamlined management is facilitated by separate electric and gas meters for each unit, with water and sewer costs covered by the landlord. Additional amenities include a garden area behind the buildings. The property is zoned R-6, providing flexibility for future development. This is an ideal investment for those seeking long-term growth and stability in a high-demand area.

Highlights

  • $1,300,000 asking price for a prime investment opportunity.
  • Two well-maintained apartment buildings totaling 5,816 square feet on a 0.52-acre lot in Omaha, NE (68137).
  • Eleven units: ten two-bedroom and one one-bedroom unit.
  • Buildings constructed in 1963 and 1984, recently renovated in 2024.
  • Desirable Millard School District location near I-80, major shopping, and 120th & L Streets.

Property Details for 12135 Lisa Cir

Property type
Multifamily properties, Apartment buildings
Square Feet
5,816 SF
Class
C
Year Built/Renovated
1963/2024
Buildings
2
Lot Size (sq. ft)
22,651 SF

Location Insight

City
Omaha
County
Douglas
State
Nebraska
Latitude
41.210601356913
Longitude
-96.102597507932
12135 Lisa Cir, Omaha, Nebraska

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12135 Lisa Cir
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