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The Cooper Apartment Homes 714 W 10th St 6 Unit Apartment Building $685,700 CAD ($114,283 CAD/Unit) 8.80% Cap Rate Cozad, NE 69130
EXECUTIVE SUMMARY
Opportunity awaits with this well-maintained 6-plex multifamily property in Cozad. Built in 1964, this solid investment features two 2-bedroom, 1-bath units and four 1-bedroom, 1-bath units, totaling approximately 3,252 sq. ft. of finished space. Each unit is individually metered and equipped with electric radiant cove heating and separate A/C, offering tenants efficient comfort and reducing ownership expenses. The one-bedroom units are approximately 500 sq. ft. each, while the two-bedroom units offer around 600 sq. ft. of living space. The property has been kept up to date and is fully occupied, with consistent rental history. In fall of 2025, a new roof was installed and some siding repairs were completed. This turnkey property is an excellent opportunity for investors looking for stable cash flow in a smaller, manageable asset. 48-hour notice required for all showings.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $685,700 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $114,283 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.30 AC |
| Cap Rate | 8.80% | Building Size | 3,252 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 99% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1964/2018 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | $685,700 CAD |
| Price Per Unit | $114,283 CAD |
| Sale Type | Investment |
| Cap Rate | 8.80% |
| Sale Condition | 1031 Exchange |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 3,252 SF |
| Average Occupancy | 99% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2018 |
| Opportunity Zone |
Yes |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Refrigerator
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Gas Range
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $1,052 CAD | 500 - 600 |
| 2+1 | 2 | $1,189 CAD | 600 - 650 |
1 1
PROPERTY TAXES
| Parcel Number | 24-0107500 | Improvements Assessment | $306,405 CAD |
| Land Assessment | $9,520 CAD | Total Assessment | $315,925 CAD |
PROPERTY TAXES
Parcel Number
24-0107500
Land Assessment
$9,520 CAD
Improvements Assessment
$306,405 CAD
Total Assessment
$315,925 CAD
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The Cooper Apartment Homes | 714 W 10th St
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