Past closed deals

The apartments at 1624 Garfield Street represented a rare value-add opportunity in Lincoln's most dynamic housing market positioned to capture sustained demand from the local employment base and housing shortage. Built in 1984 and maintained through successive ownership, this property offered immediate operational cash flow (8.4% cap rate) with upside potential through strategic unit-level renovations and activation of currently underutilized laundry amenities. With a clear path to 9.56%+ stabilized return, this investment presented downside protection with meaningful upside for the investor's first foray into multifamily.

4521-4541 Tranquility Drive Lincoln, NE 40 Unit

Cascade Commercial successfully represented the seller for this multifamily property consists of two separate 20 unit buildings with a private parking lot and 26 garages. Ten days on the market was sufficient to attract a local buyer with adding to their existing Lincoln portfolio. With a strong unit mix of 1, 2 and 3 bedroom units and updated laundry facilities on-site, the property has benefitted from major capital improvements in the form of new roofs in 2022 and new stairs and walkways in 2023. In conjunction with interior unit upgrades, current ownership has invested over $400,000 in capital improvements over the past 4 years.