Village Green Townhomes

Investment Overview

Village Green Townhomes (2638-2648 S. 3rd Street) is a fully stabilized, turnkey six-unit multifamily asset within a mile of Lauritzen Gardens and minutes from the Old Market and downtown Omaha — an ideal hold for a 1031 exchange buyer or tax-motivated investor. The offering totals 15 bedrooms and 7.5 bathrooms, including non-conforming bonus bedrooms in two units' finished basements. Every unit has been comprehensively updated — hardwood floors, appliances, windows, cabinets, bathrooms, and HVAC — plus a 2024 roof and freshly re-finished 12-stall parking lot. Electronic door locks add modern security throughout. Tenants cover all utilities, with electricity separately metered and water billed back at a fixed rate, keeping expenses simple. A vacant detached garage offers immediate upside, and current rents sit below market, giving a new owner a clear, no-cost path to grow income. Unfinished basement space in several units presents additional future value-add potential. A stabilized, low-maintenance asset with embedded upside and minimal management burden.

Investment Highlights

• Prime Location Near Lauritzen Gardens
• Fully Renovated, Move-In Ready Condition
• 100% Occupied and Cash-Flowing Day One
• Rent Upside With Bonus Space to Grow
• A Textbook 1031 and Tax-Advantaged Hold