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904-908 Kasper St
Bellevue, NE 68147

South Hills Apartments · Residential Property For Sale · 72 Units

Investment Highlights

  • The monthly NOI at the property has increased by 21% from July 2021 to April 2022
  • 60 unrenovated units are paying an average rent of $900
  • Bringing all of the units to market rent would increase the NOI to $777,564
  • Only 10 units have been fully upgraded and these units are receiving $1,129 per month in rent
  • Interior upgrades have cost the seller between $5,000 and $6,000 per unit for a full upgrade

PROPERTY FACTS

No. Units 72
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 4.25 AC
Building Size 119,835 SF
Number of Floors 3
Year Built/Renovated 1996/2014
Parking Ratio 1.58/1,000 SF

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Kitchen
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Dining Room
  • Vinyl Flooring
  • Window Coverings

Site Amenities

  • Controlled Access
  • Clubhouse
  • Playground
  • Property Manager on Site
  • Package Service
  • Maintenance on site

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 72 - 862 - 870

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
011233621
Land Assessment
£289,458
Improvements Assessment
£5,675,351
Total Assessment
£5,964,808

zoning

Zoning Code MF
MF
  • Listing ID: 25872605

  • Date on Market: 07/06/2022

  • Last Updated:

  • Address: 904-908 Kasper St, Bellevue, NE 68147

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