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Tranquility Apartments

$3,500,000

4541 Tranquility Dr, Lincoln, NE 68504

Active
Last Updated: 08/08/2025

34,338 sqft

Building Size

1.26 acres

Lot Area

Details:
Building Size:    34,338 sqft
Lot Area:    1.26 acres
Units:    40
Year Built:    1978
Zoning:    R2
Floors:    3
Description:

The immediate area consists mainly of single family homes and condominiums. The property is bordered by a city park and walking trail providing a play area and ample green space for tenants and pets.


This multifamily property consists of two separate 20 unit buildings with a private parking lot and 26 garages. With a strong unit mix of 1, 2 and 3 bedroom units and updated laundry facilities on-site, the property has benefitted from major capital improvements in the form of new roofs in 2022 and new stairs and walkways in 2023. In conjunction with interior unit upgrades, current ownership has invested over $400,000 in capital improvements over the past 4 years.

Map:
Location
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