The Buffett Family Acquire Mixed-Use Properties In Omaha For $4M
3025 Parker St, Omaha, NE 68111, USA
$4,000,000
$226/SF
Building Size
17,690 SF
Asset Type
Mixed-use
Closing
May 16, 2020
About this deal
AI
The Buffett family's private foundation quietly purchased more than 35 buildings and vacant lots in Omaha. In 2014, the foundation bought a mixed-use property located at 5020 Grand Ave., 3025 Parker St., 2423 N 24th St, and 2505 N. 24th St. for a price of $4,000,000.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $4,000,000
- Buyer: The Buffett Family
This purchase adds to the list of properties and lots acquired by the Buffett family's private foundation in Omaha. The transaction includes various buildings and vacant lots strategically located in the city.
Players
Omaha Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93