Multi-Family for Sale: 2142 Southwood Place, Lincoln, NE 68512
$1,450,000
$1,450,000
2142 Southwood Place,
Lincoln, NE 68512
$1,450,000
Previous Photo
Next Photo
Click on photo to open Slide Show.
Price:
$1,450,000
Est. payment: Skip to Mortgage Calculator
Type Multi-Family
Year Built 1984
Taxes Paid $15,900
Assoc Fee $800
City Lincoln
County Lancaster
School District Lincoln
Subdivision See attached document for addresses and legal descriptions.
MLS 22501988
Status active
DOM 4 days
Rare opportunity to purchase a performing 7-unit portfolio of well-maintained townhomes and townhome style condos at approximately a 6% cap rate. 2 @ 3-Bed Units and 5 @ 2-Bed Units. Five units in Southwood, 2 units at Capital Beach. $125,000 in annual rent income. Fully rented, most tenants are long term. Leases are well under market value leaving much room for improvement on monthly rental income. All units come with forced air furnace and central air conditioning. All units come with a garage. All measurements and inputs are estimated due to MLS not having a category for single family portfolio sales. Buyer assumes all responsibility for verifying inputs and measurements. Annual Estimates: $124,320 Rental Income. $15,900 Taxes. $6,700 Insurance (portfolio policy). $1,500 Utilities (Trash Only). $14,500 Maintenance (at 1% of value). Southwood Place House Addresses = 2142, 2201, 2215, 2219, 2227. The Capitol Beach House Addresses = 509 and 511. Seller will ONLY sell as a package.
Room Features
Basement Yes
Lot & Building Features
Sewer Public Sewer, Public Water
Tax Year 2024
Taxes Paid $15,900
Fireplaces 3
Assoc Fee $800
Assoc Fee Freq Monthly
Community and Schools
Elementary School Hill
Junior High School Scott
Senior High School Southwest
Price History of 2142 Southwood Place, Lincoln, NE
| Date | Name | Price | Difference |
|---|---|---|---|
| 01/19/2025 | Listing Price | $1,450,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
Browse By Area
2142 Southwood Place (MLS #22501988) is a multi-family listing located in Lincoln, NE. This property was listed on 01/22/2025 and has been priced for sale at $1,450,000.
Nearby zip codes are 68502, 68503, 68506, 68516 and 68521. This property neighbors other cities such as Davey, Hickman and Roca.
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: Keller Williams Lincoln |