21-Door Multifamily Property in Omaha 3 Multifamily Properties in Omaha, NE

All 21 units remodeled 2014 - Tore to Studs; Aesthetic Upgrades; New Plumbing, Electric, HVAC, Water Heater, Kitchen/Bath, Roof
Omaha’s fundamentals support durable cash flow: recent market reports put metro vacancy around the high-7 to low-8% range with average asking rents near the low-$1,200s per unit, reflecting steady demand amid elevated deliveries. The city’s growth engine is broad and affordable. Omaha counts roughly 489,000 residents with a median household income of about $72,700 and a sub-20-minute average commute, a combination that has historically underpinned resilient renter demand.
   
Connectivity is a competitive advantage. The portfolio is situated in a logistics-friendly metro with direct access via Interstates 80 and 29, and convenient air service through Eppley Airfield near Downtown Omaha; Lincoln sits approximately 58 miles southwest, and Kansas City approximately 185 miles south, enhancing regional labor and leasing draw. Investors can also evaluate city and state incentive frameworks that may apply to renovations or strategic reinvestment, including Omaha’s Tax Increment Financing program within designated Community Revitalization Areas and Nebraska’s ImagiNE Nebraska Act, which offers potential wage credits, investment tax credits, and certain sales and property tax benefits subject to eligibility and approvals.