7739 Main Street Ralston, NE 68127
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
- Property TypeMulti-Family
- NeighborhoodRalston Addition
- CountyDouglas
- Taxes$18,348
- HOA/Condo/Coop Fees$0
- Days on Site30 Days
- MLS StatusActive
- MLS ID Number22421967
- Home Size Source N/A
- Year Built1970
- Lot Size0 Acres
- Full BathsN/A
- Partial BathsN/A
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