12135 Lisa Cir Omaha, NE 68137

3,552 SF 0.53 ac lot Built 1963

Entity Owned Free & Clear

Property ID

US57-0177385

$1,115,000 3,552 SF

12135 Lisa Cir, Omaha, NE 68137
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This exceptional investment opportunity presents two well-maintained apartment buildings situated on a 0.52-acre lot in Omaha, Nebraska (68137). The property, totaling 5,816 square feet, comprises eleven units: ten two-bedroom units and one one-bedroom unit, spread across two buildings constructed in 1963 and 1984, and recently renovated in 2024. Located near the intersection of 120th and L Street, this prime location offers convenient access to I-80, major shopping centers, and is within the desirable Millard School District. The property boasts a projected 6% cap rate and is priced at $1,300,000. Each building features on-site laundry facilities, and all units include essential appliances (dishwashers, electric stoves, and refrigerators). Streamlined management is facilitated by separate electric and gas meters for each unit, with water and sewer costs covered by the landlord. Additional amenities include a garden area behind the buildings. The property is zoned R-6, providing flexibility for future development. This is an ideal investment for those seeking long-term growth and stability in a high-demand area.