Grace Plaza Apartments
$3,450,000
2006 N 18th St, Omaha, NE 68110
3,868 sqft
Building Size
0.452 acres
Lot Area
Details:
Highlights:
- - $3,450,000
- - 24 Units
- - All units are 2 beds, 1 bath layout
- - Newer updates
- - Well maintained
Description:
Six-building multifamily property located near 2006 N 18th Street, Omaha, NE 68110. Each building contains four units, for a total of 24 apartments. All units are 2-bedroom, 1-bath layouts featuring updated flooring, balconies, and a private garage. Recent capital improvements include new water heaters and interior upgrades. The property is in the LIHTC decontrol period, creating an opportunity to transition units to market-rate rents and significantly increase income potential—while currently benefiting from low property taxes under LIHTC. Conveniently located near downtown Omaha, schools, and public transportation. Strong investment with stable returns today and long-term upside.
Discover the abundant opportunities surrounding this prime location in Omaha, NE. With its vibrant economy the area is ripe for savvy investors. Situated near the heart of downtown, the property enjoys proximity to key points of interest including the historic Old Market district, renowned for its eclectic mix of restaurants and boutiques. Nearby, the CHI Health Center Omaha and TD Ameritrade Park provide world-class event and sports facilities. The location's easy access to major highways and the Eppley Airfield ensures seamless connectivity for office tenants and visitors. Don't miss the chance to be part of this dynamic and thriving community.
Location
Gallery
