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2230 2236 jones street
 

2230 2236 jones street

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    2230 2236 jones street 2230 2236 jones street Document Transcript

    • 2230 .. 2236 Jones Street Offered At $445,000Omaha // Nebraska 68102 2230 Jones Street 2236 Jones Street QUICK FACTS 72 Units All Studio Units 280 SqFt Each 2 Buildings, 3 Stories Each Total SqFt: 32,264 Brick Exterior, Built 1919 9’ Basement Coin Laundry Room 72 Units No Elevator 2 Buildings TWO APARTMENT BUILDINGS FOR SALEGREAT INVESTMENT POTENTIAL. IN NEED OF REHAB 26 units have been upgraded 46 units need $3,500 of repairs/upgrades each All windows should be replaced A new heating system needs to be put in 402.672.6566Phone Landmark 402.916.4055Fax dpaladino@EmailOnline landmarkmg.com landmarkomaha.com Group YOUR INTELLIGENT REAL ESTATE EXPERTPresented By DAVE PALADINO Broker, REALTOR R
    • FINANCIAL FACTS EXPENSE % OF GOI INCOMEGROSS SCHEDULED INCOME 367,200.00 Vacancy & Credit Loss (36,720.00)EFFECTIVE RENTAL INCOME 330,480.00 Plus Other IncomeGROSS OPERATING INCOME (GOI) 330,480.00OPERATING EXPENSES: Accounting & Legal (1,440.00) 0.4% Advertising (3,600.00) 1.1% Licenses ($900.00) 0.3% Property Insurance (9,000.00) 2.7% Average Property Management (33,048.00) 10.0% Rent $425 Payroll- Resident Mngr. 0.0%TAXES: Real Property (16,704.00) 5.1%SERVICE: Repairs & Maintenance (14,400.00) 4.4% Landscaping (3,600.00) 1.1%UTILITIES: Electricity (51,840.00) 15.7% Gas/Oil (6,720.00) 2.0% Year Built Water/Sewer (9,300.00) 2.8% 1919 Trash (2,400.00) 0.7% Telephone/Internet (1,200.00) 0.4%OTHER: Secutiry (10,800.00) 3.3% Banking (600.00) 0.2% Misc (600.00) 0.2%TOTAL OPERATING EXPENSES (166,152.00) 50.3%NET OPERATING INCOME 49.7% $164,328.00
    • DIRECTIONS Located on JONES STREET Just off of SOUTH 24TH STREET and ST MARYS AVE Located in A STRONG rental market!COMMENTS Vacant 100% Cap Rate 14.85% Lot Size 12,420 Total Living SqFt 32,264* Year Built 1919 *All Measurements Approximate Property Residential Income | Apartments Description 2 Buildings, 3 Stories with Basement Vacant 46 units need rehab, plus new windows and a new heating system. Bene�its to New Owner Great potential for someone who wants to put in the work. This information is not guaranteed by Landmark Group or Broker and is subject to change, withdrawl and errors.
    • 2011 FACTS QUICK GRAPHIC DEMOPop-Facts: Census Demographic Quick Facts 2011 ReportRadius 1: 2230 JONES ST, OMAHA, NE 68102-3082, aggregateRadius 2: 2230 JONES ST, OMAHA, NE 68102-3082, aggregateRadius 3: 2230 JONES ST, OMAHA, NE 68102-3082, aggregate 0.00 - 1.00 miles 0.00 - 3.00 miles 0.00 - 5.00 milesDescription Radius 1 % Radius 2 % Radius 3 %Population 2000 Census 21,945 119,468 257,553 1990 Census 19,485 116,942 252,819 Growth 1990 - 2000 12.63% 2.16% 1.87%Household 2000 Census 8,838 48,501 101,969 1990 Census 9,102 49,478 101,551 Growth 1990 - 2000 -2.90% -1.97% 0.41%2000 Est. Population by Single Classi�ication Race 21,945 119,468 257,553 White Alone 15,021 68.45 84,183 70.46 186,284 72.33 Black or African American Alone 2,494 11.36 19,963 16.71 44,488 17.27 American Indian and Alaska Native Alone 380 1.73 1,274 1.07 2,324 0.90 Asian Alone 660 3.01 1,896 1.59 3,464 1.34 Native Hawaiian and Other Paci�ic Islander Alone 40 0.18 100 0.08 149 0.06 Some Other Race Alone 2,601 11.85 9,090 7.61 14,915 5.79 Two or More Races 749 3.41 2,962 2.48 5,931 2.302000 Est. Population Hispanic or Latino 21,945 119,468 257,553 Hispanic or Latino 5,177 23.59 16,642 13.93 27,900 10.83 Not Hispanic or Latino 16,768 76.41 102,826 86.07 229,652 89.172000 Tenure of Occupied Housing Units 8,838 48,501 101,969 Owner Occupied 1,615 18.27 23,511 48.48 58,426 57.30 Renter Occupied 7,223 81.73 24,990 51.52 43,543 42.702000 Average Household Size 2.04 2.35 2.44 © 2011 The Nielsen Company. All rights reserved.
    • 2011 FACTS QUICK GRAPHIC DEMOPop-Facts: Census Demographic Quick Facts 2011 ReportRadius 1: 2230 JONES ST, OMAHA, NE 68102-3082, aggregateRadius 2: 2230 JONES ST, OMAHA, NE 68102-3082, aggregateRadius 3: 2230 JONES ST, OMAHA, NE 68102-3082, aggregate 0.00 - 1.00 miles 0.00 - 3.00 miles 0.00 - 5.00 milesDescription Radius 1 % Radius 2 % Radius 3 %2000 Est. Households by Household Income 8,951 48,809 102,229 Income Less than $15,000 2,960 33.07 11,151 22.85 20,483 20.04 Income $15,000 - $24,999 1,803 20.14 9,097 18.64 17,815 17.43 Income $25,000 - $34,999 1,470 16.42 7,875 16.13 17,079 16.71 Income $35,000 - $49,999 1,296 14.48 8,283 16.97 18,581 18.18 Income $50,000 - $74,999 956 10.68 7,612 15.60 17,210 16.83 Income $75,000 - $99,999 245 2.74 2,699 5.53 6,399 6.26 Income $100,000 - $149,999 142 1.59 1,466 3.00 3,215 3.14 Income $150,000 - $249,999 59 0.66 471 0.96 1,099 1.08 Income $250,000 - $499,999 19 0.21 130 0.27 297 0.29 Income $500,000 and over 1 0.01 25 0.05 51 0.052000 Est. Average Household Income $30,303 $38,212 $40,9092000 Est. Median Household Income $23,407 $30,278 $32,5042000 Est. Per Capita Income $13,150 $15,846 $16,462 © 2011 The Nielsen Company. All rights reserved.
    • PHOTOGRAPHS MLS: 21111257 Loopnet: 17201600 Landmark GroupPRESENTED BY DAVE PALADINO BROKER, REALTOR YOUR INTELLIGENT REAL ESTATE EXPERT R 402.672.6566 dpaladino@ landmarkomaha.com 402.916.4055Phone Fax Email landmarkmg.com Online