This well-maintained 12-unit property offers a diverse mix of units: six 1-bed/1-bath, four 2-bed/1-bath, and two 2-bed/2-bath apartments. Constructed with an all-brick exterior, the building ensures low-maintenance costs and durability. Boasting a consistent history of 100% long-term occupancy, this property delivers a remarkable ROI of 12-15%. Its prime location supports steady demand, sitting just 3 hours north of Denver, CO, 1 hour from Cheyenne, WY—home to the famous Frontier Days—and 3 hours from South Dakota’s Black Hills tourism. Rental incomes available upon request. The local economy is bolstered by thriving nursing and radiology colleges, a Trauma II hospital, and community colleges. This steady market provides insulation from typical real estate fluctuations. Whether you're a seasoned investor or looking for a stable, high-yield opportunity, this multi-family property is a reliable asset in a growth-driven region.
For sale
$650,000
1424 4th Ave, Scottsbluff, NE 69361
3beds
--baths
11,628sqft
Est.:
Multi Family
Built in 1917
-- sqft lot
$-- Zestimate®
$56/sqft
$-- HOA
What's special
All-brick exterior
- 216 days
- on Zillow |
- 271 |
- 8 |
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