The Fifth Avenue Apartments 121 S 25th St 35 Unité Immeuble d’appartements 3 711 851 $ CAD (106 053 $ CAD/Unité) 6,48% Taux de capitalisation Omaha, NE 68131

PROPERTY SPECIFICATIONS
o Fifth Avenue Apartments
o 121 S 25th Street Omaha, NE 68131
o Mid-rise apartment building
o Class C
o (31) apartments & (43) parking stalls on 0.56 acres
o Unit mix: (4) studios, (16) 1-beds, (10) 2-beds & (1) 3-beds
o Rentable area: 16,130 SF | Gross area: 22,746 SF
o Built 1916; former hospital (1916–1922), hotel (1928–1984), converted to apartments in 1987
o Creative financing options available
o Includes 2 parcels: 2504 Douglas St & 2424 Douglas St
PHYSICAL CONDITION
o Roof & gutters replaced in 2022
o Major renovation in 1987: building gutted, plumbing, electrical, and fire systems updated to late-1980s code; all units with electric HVAC and water heaters
o Safety features: exit signage, exterior fire escape, local fire alarm with pull stations, hardwired smokes in common areas & units
o 14 units renovated in past 4 years with upgraded LVP flooring, lighting, hardware, and modern kitchen/bath finishes
o Mechanical upgrades: elevator pump motor & solid-state starter replaced (2022 & 2025); 19+ HVAC systems replaced in past 3 years
o Additional updates: centrally monitored ADA phone (2022), some upgraded hallways
GENERAL OFFERING
o The Omaha-Council Bluffs-MSA boasts one of the nation’s lowest unemployment rates at 3.4% as of July 2025, supported by a long track record of consistent economic expansion and population growth.
o Occupancy rate: ~ 97%
o Capitalization rate: 6.48%
o Purchase Price: $2,695,000