Multifamily
Downtown Beatrice Apartments
723 Ella St, Beatrice, NE 68310
Listing Price: $1,350,000
Investment Overview
Marcus & Millichap is pleased to present the Downtown Beatrice Apartments, a three-property, 23-unit portfolio located in Beatrice, NE.
723 Ella Street is a 15-unit, three-story, brick and concrete construction property built in 1928. It is located on a corner lot with an included parking lot, and has a basement which includes unfinished units. 715 Ella Street is a 950 SF single family residence located adjacent to 723 Ella Street, offering alley accessibility. 305 N 7th Street is a seven-unit, three-story, brick and concrete construction property built in 1910 & located on a corner lot.
Investment Highlights
- Value-Add Opportunity to Increase Revenue
- Well-Maintained Mechanicals and Recent Improvements
- Walkable to Downtown Beatrice's Mixed Use Retail & Office Corridor
- Low Property Tax Basis
- Rural Town, Isolated from Higher Traffic Count
- Attractive Cap Rate, Value-Add Opportunity
Broker of Record
Listing Price: $1,350,000
Investment Highlights
- Value-Add Opportunity to Increase Revenue
- Well-Maintained Mechanicals and Recent Improvements
- Walkable to Downtown Beatrice's Mixed Use Retail & Office Corridor
- Low Property Tax Basis
- Rural Town, Isolated from Higher Traffic Count
- Attractive Cap Rate, Value-Add Opportunity
Investment Overview
Marcus & Millichap is pleased to present the Downtown Beatrice Apartments, a three-property, 23-unit portfolio located in Beatrice, NE. 723 Ella Street is a 15-unit, three-story, brick and concrete construction property built in 1928. It is located on a corner lot with an included parking lot, and has a basement which includes unfinished units. 715 Ella Street is a 950 SF single family residence located adjacent to 723 Ella Street, offering alley accessibility. 305 N 7th Street is a seven-unit, three-story, brick and concrete construction property built in 1910 & located on a corner lot.