Daily limit: 0/10
Eastham Capital Acquires 258-Unit Multifamily Complex In Omaha For $19.1M
SOLD
$19,100,000
Nebraska
See Similar DealsMultiFamily
Sold 04/04/2025
SOLD
Eastham Capital Acquires 258-Unit Multifamily Complex In Omaha For $19.1M
North 97th Street
See Similar DealsMultiFamily
Sold 04/04/2025
Summary
NEBRASKA
Asset Type:MultiFamily
Transaction Type:Sale
A 258-unit apartment complex located at 3022 1/2 North 97th Street in Omaha, NE has been sold for $19,100,000. This multifamily property attracts a price per unit of $74,031.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $19,100,000
- Units: 258
- Buyer: Eastham Capital
- Broker: Northmarq
Eastham Capital has acquired The Colonial through its Fund VI, marking its first transaction in Nebraska and its tenth with Bender Companies, who will manage the property post-sale.
Players
BUYER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,018,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$67,858.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$90,543.74
Annual Debt Service$1,086,524.93
Is there something missing? Send suggestions