SOLD - That is the word all Sellers really want to hear.
Smiles...that is what this Broker wants to see...from both the Buyer and the Seller.
These two properties sold as a package across the street from each other for $1,060,000.00!
26 total units all rented.
Hey you east and west coast Buyers and Investors...
Central Nebraska is the place to be...
double digit returns is what you will see...
Land stretching out so far and wide...
enjoy the city but invest in the countryside!!
Central Nebraska...is where it is at for great returns on 
Multi-Family properties!!
We have a housing shortage and rents are going up...yet sales prices are still fairly low.
Here is a true example of Sold Properties in 2018:
East Coast Tri-plex: $1,000,000 3 Units:
If one tenant moves out....you lose 33.3% of income.
Ouch!!! We know that happens. And it hurts...
But the smart Buyer sells that and buys this:
Central Nebraska 18 units PLUS 8 units =
$1,060,000 26 units: with 12% net ROI!!
If one tenant moves out...you lose >4% income.
Need I say more?
I still have in inventory:
2 - 6 Plexes in Lexington, NE $300,000 each
1- Triplex in Lexington, NE $150,600
1 - 8 plex + office/workshop + large vacant lot in Loomis, NE $325,000
1- Triplex in Kearney, NE 1 block from UNK campus $303,850
I will have other larger properties coming on line in the next year.
Until next time...invest wisely my friends!!
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