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Countertops Lincoln Ne 2 Common Misconceptions About Countertops Lincoln Ne

The Continental Gardens in Grand Island, Neb.

Marcus & Millichap has appear the auction of Continental Gardens, a 150-unit accommodation association in Grand Island, Nebr., for $10.4 million. Bradley Barham, chief accessory in Marcus & Millichap’s St. Louis, Mo., appointment and Max Helgeson, accessory in the firm’s Kansas City, Mo., office, represented the seller, a ample clandestine investor. They additionally acquired the buyer, a bounded clandestine advance partnership.

Located at 3111 College St., Continental Gardens is beneath than 11 afar from Interstate 80 and in abutting adjacency to Grand Island’s retail area. Built in 1977 as a 120-unit community, the acreage added 30 new apartments in 2016. All were busy aural 90 days. The new units affection ample attic plans, granite-look countertops, stainless-steel appliances, as able-bodied as washers and dryers. Amenities accommodate a adviser and a pond pool.

“We were able to clear the amount and accomplish assorted full-price offers at a sub-six percent cap amount on in-place net-operating assets on primarily 1970s best assets,” said Barham in a able statement. “The absolute acreage was able-bodied maintained throughout the antecedent owner’s tenure. However, the acreage still presents a value-add comedy through administration beheading and autogenous upgrades,” he added.

Dan Goaley of Omne Partners in Omaha is Marcus & Millichap’s agent of almanac in Nebraska.

Recently, Marcus & Millichap additionally awash a four-unit abandoned accommodation acreage in Washington, D.C.

Image via Google Earth

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