2142 Southwood Place, Lincoln, NE 68512

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.