Listing Agency: NAI NP Dodge m***@npdodge.com Show Phone

Listed By: Maddie Duggan · License #NE 20181180

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 2:54AM

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Investment Insights

Based on property information with market context.

This apartment building is offered for sale with a total of 65 residential units. The listing is categorized as a multifamily property and includes 65 units as its primary operating configuration.

No additional building details, unit mix, or community amenities are provided in the information available.

For multifamily buyers and investors seeking a larger-scale apartment building, this asset presents a straightforward 65-unit configuration within the multifamily category.

Key Highlights

• 65‑unit multifamily apartment building
• $76,923 per unit (as presented in the listing remarks)

Property Analytics

Property Profile

Current Use

VasioDream Clothing Store Kensington Tower Apartments Apartment Building

Suggested Use

Top Pick Locksmith Grocery & Convenience Store Butcher (Bike/Boat/Book/etc) Store Pet Store & Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,297

Businesses Nearby

Explore this area Business Placement

Demographics for 68102, NE

9,130

Population

5,922

Households

1.5

Avg Household Size

33

Median Age

51%

College-Educated

93%

High-School Grad

1.8 sq mi

ZIP Area

5,072

Density / Sq Mi

$60,525

Median Household Income

$46,309

Median Earnings

$1,242

Median Rent

$350,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Apartment building offering 65 residential units, presented for sale.

Where is this apartment building located?

The property is located at 505 S 16th St Omaha, NE.

What are key features of this property?

This property features: 65‑unit multifamily apartment building; $76,923 per unit (as presented in the listing remarks)