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La Morada 554 S 26th St

49 Unit Block of Flats £2,112,615 (£43,115/Unit) Omaha, NE 68105

Investment Highlights

  • Recently renovated historic building with modern features
  • Three blocks from access to Interstate 480
  • Directly next to Complete KIDS non-profit organization
  • Five minutes to Downtown Omaha and the Old Market
  • Surrounded by several college campuses

Executive Summary

Welcome to La Morada, a value-add investment opportunity in the heart of Leavenworth Business District. This historic building has been recently renovated and features beautifully updated units with charming, vintage character. Located close to the bus line, just minutes from Downtown Omaha and the interstate, La Morada’s easily accessible location has potential for significant rent growth and value-add opportunities. This property is a must-see for investors looking to expand their portfolio.

Property Facts

Price £2,112,615
Price Per Unit £43,115
Sale Type Investment
No. Units 49
Property Type Residential
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.49 AC
Building Size 18,720 SF
Number of Floors 4
Year Built 1920
Parking Ratio 1.82/1,000 SF
Opportunity Zone Yes

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
Studios 49 - 300 - 500
Walk Score ®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1385-0000-08
Land Assessment
£25,195
Improvements Assessment
£423,618
Total Assessment
£448,813

zoning

Zoning Code R8-ACI-1(PL) (High-density multi-family residential)
R8-ACI-1(PL) (High-density multi-family residential)
  • Listing ID: 33744414

  • Date on Market: 04/11/2024

  • Last Updated:

  • Address: 554 S 26th St, Omaha, NE 68105

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