This well-maintained 12-unit property offers a diverse mix of units: six 1-bed/1-bath, four 2-bed/1-bath, and two 2-bed/2-bath apartments. Constructed with an all-brick exterior, the building ensures low-maintenance costs and durability. Boasting a consistent history of 100% long-term occupancy, this property delivers a remarkable ROI of 12-15%. Its prime location supports steady demand, sitting just 3 hours north of Denver, CO, 1 hour from Cheyenne, WYâ??home to the famous Frontier Daysâ??and 3 hours from South Dakotaâ??s Black Hills tourism. Rental incomes available upon request. The local economy is bolstered by thriving nursing and radiology colleges, a Trauma II hospital, and community colleges. This steady market provides insulation from typical real estate fluctuations. Whether you're a seasoned investor or looking for a stable, high-yield opportunity, this multi-family property is a reliable asset in a growth-driven region.
The median home value in Scottsbluff, NE is $148,900. This is lower than the county median home value of $160,900. The national median home value is $338,100. The average price of homes sold in Scottsbluff, NE is $148,900. Approximately 51.84% of Scottsbluff homes are owned, compared to 39.71% rented, while 8.44% are vacant. Scottsbluff real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Scottsbluff real estate agent to arrange a tour today!
Scottsbluff, Nebraska has a population of 14,511. Scottsbluff is less family-centric than the surrounding county with 30.91% of the households containing married families with children. The county average for households married with children is 31.06%.
The median household income in Scottsbluff, Nebraska is $50,788. The median household income for the surrounding county is $56,588 compared to the national median of $69,021. The median age of people living in Scottsbluff is 35 years.
The average high temperature in July is 89.3 degrees, with an average low temperature in January of 14.4 degrees. The average rainfall is approximately 14.9 inches per year, with 38.9 inches of snow per year.