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20-Unit Two-Bedroom Apartment Community
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701 W Stolley Park Rd., Grand Island, NE 68801

Established apartment community with attached garages, landscaped common areas, sidewalks, and off-street parking.

Property SizeContact for details
Days on Market21

Property Features for 701 W Stolley Park Rd.

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 20 x 2BR/2BA
Multifamily Units 20

Amenities

attached garage
off-street parking
landscaped common areas
sidewalk

Building Details

Year Built 1996
Listing Agency: Coldwell Banker Action Holdings
Listed By: Maite Belau · License #NE
Source: Crexi
Added: Aug 14 Changed: Sep 3 Last Checked: Sep 3 at 2:25AM

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 Coldwell Banker Action Holdings

Investment Insights

Based on property information with market context.

Built in 1996, this 20-unit apartment community offers two-bedroom, two-bath residences with an attached one-car garage. Property improvements include landscaped shared areas, sidewalks, and ample off-street parking, creating a defined residential setting for occupants.

The property sits across the street from both a middle school and an elementary school. It is structured as an NIFA low-income tax credit project, with owner-subsidized rents that cannot be changed until 2041.

Key Highlights

  • 20‑unit apartment community built in 1996
  • Two‑bedroom, two‑bath apartment layout
  • Attached one‑car garage with each unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Law Firm Hair Salon Pharmacy Building Supply HVAC Service

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

Lease Details

20
Residential units

Location Intelligence

Trade Area within ½ mile

334
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Established apartment community with attached garages, landscaped common areas, sidewalks, and off-street parking.
Where is this apartment building located?
The property is located at 701 W Stolley Park Rd. Grand Island, NE.
What is the asking price?
The asking price for this property is $2,052,745.
What are key features of this property?
This property features: 20‑unit apartment community built in 1996; Two‑bedroom, two‑bath apartment layout; Attached one‑car garage with each unit
More about this property
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