PROPERTY SPECIFICATIONS o Avery Place Apartments o 7739, 7745 & 7755 Main Street, Ralston, NE 68127 o Class C (1952/1952/1990)/????? o Unit mix: (3) 1BR1BA 600 SF, (4) 2BR1BA 675 SF, (3) 1BR1BA 500 SF, (2) studio1BA 475 SF, (1) 2BR1BA 600 SF, (1) 2BR1BA 765 SF & (6) 1BR1BA 575 SF PHYSICAL CONDITION o Age of roof: 2023 o Apartment condition: (11) units fully renovated & (2) units undergoing full renovation work Fully renovated: upgraded-waterproof LVP flooring, lights, door hardware, updated kitchens & bathrooms o Upgraded mechanicals [(14) furnaces & (16) A/Cs replaced in past 3 - 7 years] o Common areas recently painted o Hardwired smoke/CO detection systems & GFI o Re-striped parking lot FINANCIAL METRICS o Capitalization rate: 6.69% o Gross rent multiplier: 11.70 o Income/Expense Ratio: 40.96% o Return-On-Equity (ROE): 6.18% o Near-term monthly gross revenue: $17,500 o T-12 controllable operating expenses: $47,552 o T-12 fixed expenses [property insurance & taxes]: $35,746
Sold for $1,670,000 on 11/26/24
$1,670,000
7739 Main St, Ralston, NE 68127
--beds
--baths
--sqft
Multi Family
Built in 1970
-- sqft lot
$1,724,800 Zestimate®
$--/sqft
$1,504 Estimated rent
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Home value
$1,724,800
$1.59M - $1.88M
$1,504/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 27, 2024 at 02:54pm
Listed by:
Stephen Ward 402-213-1936,
Exceptional Properties Group
Bought with:
Rusty Johnson, 20110224
BHHS Ambassador Real Estate
Michael Shekhtman, 20170048
Source: GPRMLS,MLS#: 22421967
Facts & features
Interior
Heating
- Natural Gas, Electric, Forced Air, Baseboard
Cooling
- Central Air
Features
- Basement: Walk-Out Access
- Has fireplace: No
Property
Parking
- Total spaces: 21
- Parking features: Attached
- Attached garage spaces: 7
- Covered spaces: 21
Features
- Levels: Two
- Fencing: None
Lot
- Size: 0.63 Acres
- Dimensions: 120 x 227
- Features: Over 1/2 up to 1 Acre
Details
- Parcel number: 2042700002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Block
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Ralston
- Subdivision: Ralston Addition
Other
Other facts
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 11/26/2024 | Sold | $1,670,000-7% |
Source:  GPRMLS #22421967 | ||
| 10/15/2024 | Pending sale | $1,795,000 |
Source: GPRMLS #22421967 | ||
| 8/27/2024 | Listed for sale | $1,795,000+79.5% |
Source: GPRMLS #22421967 | ||
| 1/2/2022 | Listing removed | -- |
Source: Zillow Rental Manager | ||
| 12/2/2021 | Listed for rent | $575 |
Source: Zillow Rental Manager | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $15,869 -13.5% | $855,200 |
| 2023 | $18,348 +45% | $855,200 +56.7% |
| 2022 | $12,650 +3.3% | $545,600 |
Find assessor info on the county website
Neighborhood: 68127
Nearby schools
GreatSchools rating
- 8/10Seymour Elementary SchoolGrades: PK-6Distance: 0.6 mi
- 4/10Ralston Middle SchoolGrades: 7-8Distance: 0.7 mi
- 1/10Ralston High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Seymour
- Middle: Ralston
- High: Ralston
- District: Ralston
Source: GPRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$1,724,800
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