2142 Southwood Place Portfolio Lincoln, NE 68512
Listing Courtesy of: GREAT PLAINS / Keller Williams Lincoln - Contact:  M: 402-770-5021

  2142 Southwood Place Portfolio Lincoln, NE 68512

Active
$1,450,000

Description

Rare opportunity to purchase a performing 7-unit portfolio of well-maintained townhomes and townhome style condos. 2 @ 3-Bed Units and 5 @ 2-Bed Units. Five units in Southwood, 2 units at Capital Beach. $125,000 in annual rent income. Fully rented, most tenants are long term. Leases are well under market value leaving much room for improvement. All units come with forced air furnace and central air conditioning. All units come with a garage. All measurements, inputs, and financials are estimated due to MLS not having a category for single family portfolio sales. Buyer assumes all responsibility for verifying inputs and measurements. Annual Estimates: $124,320 Rental Income. $15,900 Taxes. $6,700 Insurance (portfolio policy). $9,600 HOA. $1,500 Utilities (Trash Only). $14,000 Maintenance (at 1% of value). Southwood Place House Addresses = 2142, 2201, 2215, 2219, 2227 Southwood Pl. The Capitol Beach House Addresses = 509 and 511 NW 16th St. Seller will ONLY sell as a package.

MLS #:
22501988
Taxes
$15,900
Type
Multifamily
Year Built
1984
School District
Lincoln
County
Lancaster County

Listed By

Derek Kats, Keller Williams Lincoln, Contact: M: 402-770-5021
Source
GREAT PLAINS
Last checked Apr 4 2025 at 4:24 PM CDT
Bathroom Details
Subdivision
  • See Attached Document For Addresses And Legal Descriptions.
Heating and Cooling
  • Other
Basement Information
  • Yes
Utility Information
  • Sewer: Public Water, Public Sewer
  • Fuel: Other
School Information
  • Elementary School: Hill
  • Middle School: Scott
  • High School: Southwest
Garage
  • 0spaces
  • Detached
  • Attached
Living Area
  • 1,104 sqft
Additional Information: Keller Williams Lincoln | M: 402-770-5021
Location
   
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Disclaimer: Copyright 2025 Great Plains Regional MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/4/25 09:24