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Multi-Family for Sale: 7739 Main Street, Ralston, NE 68127

$1,795,000
$1,795,000
7739 Main Street, Ralston, NE 68127
$1,795,000
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Price:
$1,795,000
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Type Multi-Family
Lot Size 0.63 acres
Year Built 1970
Taxes Paid $18,348
City Ralston
County Douglas
School District Ralston
Subdivision Ralston Addition
MLS 22421967
Status PENDING
DOM 69 days
PROPERTY SPECIFICATIONS o Avery Place Apartments o 7739, 7745 & 7755 Main Street, Ralston, NE 68127 o Class C (1952/1952/1990)/????? o Unit mix: (3) 1BR1BA 600 SF, (4) 2BR1BA 675 SF, (3) 1BR1BA 500 SF, (2) studio1BA 475 SF, (1) 2BR1BA 600 SF, (1) 2BR1BA 765 SF & (6) 1BR1BA 575 SF PHYSICAL CONDITION o Age of roof: 2023 o Apartment condition: (11) units fully renovated & (2) units undergoing full renovation work Fully renovated: upgraded-waterproof LVP flooring, lights, door hardware, updated kitchens & bathrooms o Upgraded mechanicals [(14) furnaces & (16) A/Cs replaced in past 3 - 7 years] o Common areas recently painted o Hardwired smoke/CO detection systems & GFI o Re-striped parking lot FINANCIAL METRICS o Capitalization rate: 6.69% o Gross rent multiplier: 11.70 o Income/Expense Ratio: 40.96% o Return-On-Equity (ROE): 6.18% o Near-term monthly gross revenue: $17,500 o T-12 controllable operating expenses: $47,552 o T-12 fixed expenses [property insurance & taxes]: $35,746

Room Features

Basement Yes

Lot & Building Features

Sewer Public Sewer, Public Water
Tax Year 2023
Taxes Paid $18,348

Community and Schools

Elementary School Seymour
Junior High School Ralston
Senior High School Ralston

Price History of 7739 Main Street, Ralston, NE

Date Name Price Difference
08/26/2024 Listing Price $1,795,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Colleen Kavan, ASID, R.I.S, SRES
Listed by Exceptional Properties Group, Stephen Ward
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7739 Main Street (MLS #22421967) is a multi-family listing located in Ralston, NE. This multi-family listing is on a lot of 27,240 sqft (or 0.63 acres) and is 54 years old. This property was listed on 08/27/2024 and has been priced for sale at $1,795,000.

Nearby zip codes are 68116, 68124, 68128 0000, 68128 2001 and 68128. This property neighbors other cities such as Bellevue, La Vista, Omaha and Papillion.

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Exceptional Properties Group