North Platte, NE 69101, USA 0

$415,000 After Repair Value -
$200,000 Asking Price -
$90,000 Cost of Repairs =
$125,000 Potential Profit

Property Details

Asking Price $200,000

After Repair Value $415,000

Costs of Repairs $90,000

Potential Profit $125,000

Living Area 3616 ft2

Property Type Commercial Property

Bedrooms +7

Bathrooms 6

Half Bathrooms 0

Parking 0

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $49,800

Yearly Expenses $4,800

Property Taxes $3,580

Net Operating Income $41,420

Cap Rate N/A

Property Description

Beautiful Neighborhood, great location – East/Southeast North Platte approximately 5 blocks from Blue Star Memorial Highway

- One (1) Studio Apartment
- Three (3) One Bedroom Apartments
- One (1) Two-story Three Bedroom Apartment
- One (1) Single Family Home (3 Bedroom and 1 Bath) (Separate Building on Same Parcel)
- Two (2) Laundry rooms – One in each building
- Two (2) Sheds
- Parking: Two big driveway and plenty available spots on road

Occupied AS IS. Great Cash Flow NOI: $31,820

You could fix and flip as well. The property could use some cosmetic repairs. We can send you a list of repair recommendations. ARV: $415K; Potential equity of $125K; Expected NOI: $41,420

If you are interested, we can send you a document of our calculations, pictures and rehab costs.

Feel free to message me at alevy518@ -

Repairs Needed

It\'s habitable AS IS; however could use some cosmetic work. We can send you information of rehab recommendations if you\'d like. ARV: $415K; Potential equity of $125K; Expected NOI: $41,420


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