Omaha Multifamily for Sale - Midtown Omaha
This fully stabilized brick 12-plex offers an exceptional turn-key opportunity, projecting an impressive ~11% cap rate with robust cash flow from day one. Situated in a highly desirable rental pocket, the property is just minutes from the University of Nebraska Medical Center (UNMC), historic Dundee, and vibrant Midtown.
Premium Asset Overview
Unit Mix: Twelve spacious 1-bed, 1-bath units, each averaging ~650 sq. ft.
Renovation Quality: Absolute down-to-the-studs overhaul completed in 2026.
Maintenance Profile: Engineered for near-zero ongoing maintenance costs.
Tenant Base: High-quality, diversified mix combining stable government-backed HUD-VASH veteran programs with premium-rate traveling nurse contracts.
Comprehensive Renovation Details
Mechanical & Structural Upgrades
All-New Plumbing: Complete replacement of lines to ensure zero legacy pipe issues.
New Electrical Systems: Modernized wiring, panels, and fixtures throughout the building.
High-Efficiency HVAC: Individualized heating and cooling systems for optimized climate control.
Thermal Envelope: Brand new energy-efficient windows and secure exterior doors.
Premium Interior Finishes: Modern Kitchens: Equipped with all-new appliances, durable countertops, and fresh cabinetry.
Full Bathrooms: Totally updated with modern plumbing fixtures, vanities, and clean tiling.
Living Spaces: Fresh paint, durable contemporary flooring, and brand new interior doors.
On-Site Laundry: Completely upgraded facility providing maximum convenience for tenants.
Elite Location & Strategic Cash Flow
Prime Geographic Location
UNMC Proximity: Located under 5 minutes from the medical center, creating a constant influx of medical professionals and traveling nurses.
Dundee & Midtown: Immediate access to Omaha's premier dining, shopping, and entertainment districts, ensuring long-term historical appreciation and zero vacancy risk.
Optimized Rental Income Strategy
Furnished Executive Rentals: Select units are fully furnished to capture premium nightly/monthly rates from traveling healthcare professionals.
Guaranteed Government Revenue: Backed by the HUD-VASH program, ensuring consistent, timely, and government-subsidized rental distributions dedicated to housing veterans.
