Royal Prince 16-Unit Apartment
For Sale
Contact for pricing
Pending
311 N Lincoln Ave, Grand Island, NE 68801
Renovated brick complex with individually metered utilities and basement laundry and storage areas.
Property SizeContact for details
Days on Market142
Property Features for 311 N Lincoln Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Units
Unit Mix
8 x 1BR, 8 x 2BR
Multifamily Units
16
Additional Details
Utilities to Site
Yes
Amenities
laundry room
storage
Building Details
Construction
brick
Listing Agency:
Century 21 Premier Home Sales
Listed By:
Zachary Zoul · License #IA B69715000
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 3:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Premier Home Sales
Investment Insights
Based on property information with market context.
Royal Prince Apartments is a 16-unit multifamily property with eight one-bedroom residences and eight two-bedroom residences. Fifteen units have undergone full renovations featuring LVP flooring, updated appliances, and new cabinetry. The all-brick building received a new membrane roof in 2018, and its utilities are separately metered. Residents pay utility costs other than water/sewer and trash.
Common-area improvements include a basement laundry room and a three-quarter basement that provides storage. The property is pre-wired for roof-mounted satellite television, with service costs assigned to tenants. Located in central Grand Island across from the Public Library, the complex maintains near 100% occupancy and a stable tenant base. A property management firm has managed the asset since 2011.
Common-area improvements include a basement laundry room and a three-quarter basement that provides storage. The property is pre-wired for roof-mounted satellite television, with service costs assigned to tenants. Located in central Grand Island across from the Public Library, the complex maintains near 100% occupancy and a stable tenant base. A property management firm has managed the asset since 2011.
Key Highlights
- 16 units: eight one‑bedroom and eight two‑bedroom apartments
- 15 of 16 units recently and fully renovated
- New membrane roof installed in 2018
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,190
Businesses Nearby
Explore this area
Business Placement
Demographics for 68801, NE
30,440
Population
11,684
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
81%
High-School Grad
90.0 sq mi
ZIP Area
338
Density / Sq Mi
$63,214
Median Household Income
$37,995
Median Earnings
$931
Median Rent
$186,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated brick complex with individually metered utilities and basement laundry and storage areas.
Where is this apartment building located?
The property is located at 311 N Lincoln Ave Grand Island, NE.
What are key features of this property?
This property features: 16 units: eight one‑bedroom and eight two‑bedroom apartments; 15 of 16 units recently and fully renovated; New membrane roof installed in 2018
