Multi-Family for Sale: 7739 Main Street, Ralston, NE 68127 SOLD
$1,795,000
$1,670,000
7739 Main Street,
Ralston, NE 68127 SOLD
$1,795,000
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Selling Price: $1,670,000
Original List Price: $1,795,000
Sold at 93.0% of list price
Sold Date: 11/26/2024
Type Multi-Family
Lot Size 0.63 acres
Year Built 1970
City Ralston
County Douglas
School District Ralston
Subdivision Ralston Addition
MLS 22421967
Status SOLD
DOM 92 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
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 | $1,670,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
Listed by Exceptional Properties Group, Stephen Ward
Sold by BHHS Ambassador Real Estate, Rusty Johnson
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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 |