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875-885 25th St 6 Unit Apartment Building $639,297 CAD ($106,550 CAD/Unit) Lincoln, NE 68503

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Executive Summary

875 N 25th Street presents an opportunity to acquire a six-unit multifamily property with significant value-add potential in the heart of Lincoln. Currently 100% vacant, the property offers investors the rare ability to renovate, reposition, and lease the asset without the challenges of existing tenant displacement. Its manageable size makes it well-suited for an owner-operator or investor seeking to create value through strategic improvements and hands-on management.
The property's vacancy provides a blank slate to renovate units to today's rental standards and establish a new market rental rate from day one. With five two-bedroom units and one one-bedroom unit, the building appeals to a broad tenant base in an established neighborhood with convenient access to downtown, the University of Nebraska, employers, shopping, and major transportation corridors.

Property Facts

Price	$639,297 CAD	Building Class	C
Price Per Unit	$106,550 CAD	Lot Size	0.18 AC
Sale Type	Investment	Building Size	4,636 SF
Sale Condition	High Vacancy Property	Average Occupancy	0%
No. Units	6	No. Stories	2
Property Type	Multifamily	Year Built	1972
Property Subtype	Apartment Multifamily Dormitory	Parking Ratio	0.86/1,000 SF
Apartment Style	Low-Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R6 - R-6 Residential District is designed for redeveloping areas with moderately high densities of 11 to 14 dwelling units per acre. It accommodates a flex

Price	$639,297 CAD
Price Per Unit	$106,550 CAD
Sale Type	Investment
Sale Condition	High Vacancy Property
No. Units	6
Property Type	Multifamily
Property Subtype	Apartment Multifamily Dormitory
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.18 AC
Building Size	4,636 SF
Average Occupancy	0%
No. Stories	2
Year Built	1972
Parking Ratio	0.86/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R6 - R-6 Residential District is designed for redeveloping areas with moderately high densities of 11 to 14 dwelling units per acre. It accommodates a flex