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Garfield St 8 Unit Apartment

$796,316

1624 Garfield St, Lincoln, NE 68502

Active
Last Updated: 07/11/2025

6.8

Cap Rate

6,680 sqft

Building Size

Details:
Cap Rate:    6.8%
Building Size:    6,680 sqft
Lot Area:    0.22 acres
Units:    1
Occupancy:    87.5%
Year Built:    1984
Zoning:    R6
Floors:    2
Parking Spots:    8
Description:

The Near South area of Lincoln offers a suburban setting with many single family and small multifamily dwellings while still being just minutes from downtown.


This built for purpose Eight Unit Low Rise Apartment Building features all 2 bed, 1 bath units and private lot parking with a 1:1 ratio. Strong value add component for light unit renovation and activation of the currently unused laundry room.

Map:
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