Share This Listing

Message

940 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Ponderosa Apartments Ponderosa Drive 32 Unit Apartment Building $4,795,630 CAD ($149,863 CAD/Unit) 6.13% Cap Rate Lexington, NE 68850

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Separate entrances
  • Separate maintenance building
  • Ample parking

EXECUTIVE SUMMARY

Apartment Complex - 32 Units
This 32 unit complex consists of 9 residential buildings, ample parking and a separate maintenance building. This profitable investment property had 100% occupancy as of 11/1/24. Rent has recently been increased and extended leases signed for many of the units.
All apartments are ground level. All buildings are constructed with low maintenance (brick and vinyl) exteriors.
All showings must be arranged a minimum of 48 hrs in advance. Please call Jeffrey Daake of Broadoak Realty, LLC @ 402-540-3506 with any questions.

FINANCIAL SUMMARY (ACTUAL - 2023) 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 $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2023) 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 $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
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 $4,795,630 CAD
Price Per Unit $149,863 CAD
Sale Type Investment
Cap Rate 6.13%
Gross Rent Multiplier 14.9
No. Units 32
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 2.42 AC
Building Size 27,155 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 2015/2024
Opportunity Zone Yes
Zoning 00

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Kitchen
  • Tub/Shower
  • Family Room

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 32 $1,781 CAD 830 - 840

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
24-0158008
Land Assessment
$37,190 CAD (2025)
Improvements Assessment
$499,287 CAD (2025)
Total Assessment
$536,477 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023
  • Listing ID: 33540297

  • Date on Market: 2024-10-16

  • Last Updated:

  • Address: Ponderosa Drive, Lexington, NE 68850

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}