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.
Broker of Record
![MM Texture Background](https://www.marcusmillichap.com/-/media/Images/MM/MM%20Hero%20Images/mm-news-research-hero-background.jpg?h=1030&iar=0&w=2880&rev=1569e23dd24a4ecea0b588f7ee537310&hash=B6D3CA35A0504F883C2C5068EE8436C0)
![MM Textured Background Lower](https://www.marcusmillichap.com/-/media/Images/MM/MM%20Hero%20Images/mm-property-footer-background%20jpg.jpg?h=1030&iar=0&w=2880&rev=f3ed593e923445f38df9f1c32d8d190f&hash=323A48081850EDAAE5E1F61061CADFD9)