1940 COTNER BOULEVARD

Investment Overview

1940 S Cotner Blvd. presents investors with the opportunity to acquire a well-located, neighborhood-scale apartment and townhome portfolio located in the established 48th Street corridor. With steady leasing velocity and high lease renewal rates, 1940 S Cotner has attractive, straightforward operations in a stable Southeast Lincoln location. The property provides investors with in-place cash flow while also offering a clear path to future upside through rental growth and operating efficiencies. With 17 units, the asset presents a manageable value-add opportunity for a hands-on owner seeking to enhance revenue and optimize expenses over time. In particular, self-management could provide a meaningful opportunity. This property appeals to tenants due to its ample green space, off-street parking, and functional housing in a quiet residential setting. 1940 S Cotner also attracts a broad tenant base due to its unit mix, creating durable tenant appeal and livability for small families, as well as individuals looking for a one-bedroom in a great location.

Investment Highlights

• Four-building, 17-unit Multifamily investment opportunity
• Four 3 bedroom/1 bathroom units
• Eight 2 bedroom/1 bathroom units
• Five 1 bedroom/1 bathroom units
• 94% occupancy
• Positioned in the 48th Street corridor, near Bryan Medical Center East Campus
• Original hardwood floors, updated bathroom and kitchen appliances, onsite laundry, large off-street parking area
• Potential for value-add through lease roll and optimization of operations