Capitol View Apartments

Lincoln, Nebraska
Multifamily
1964
Vintage
SF
180
Units
Acres
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About the property

180 multi-family units listed for sale in Lincoln, Nebraska just one mile away from the University of Nebraska’s campus. The asset is originally 1960s vintage and 40% of the units have already been gut-renovated. The offering presents a strong value-add potential as there is a 16% gap between current rents and market rents. Newer leases are being signed for 13% higher than existing leases. Attractive amenities include a pool located in the middle of the complex. Pricing guidance is $13,500,000 which is $75K/Unit and stabilizes this property at a 7.81% cap in year 3.

Property Information
Units:
180
Year Built:
Square Feed:
Occupancy:
Year Renovation:
Acres:
Investment Highlights
Contact the Team
Samuel R. Finkler
Vice President, Investment Sales
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Audley Clarke
Senior Associate, Investment Sales
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