RealNex Investment Analysis Softwareimages4.loopnet.com/d2/40okLy4Kz2RaBt7MlTirQjPxl...$35000-$39999...
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Hamilton Apartments 4015 Hamilton, Omaha, NE 68132 Jake Denker Executive Vice President 4029687664 [email protected] NE#20140150 209 S 19th Street, Suite 675 Omaha, Nebraska 68192 4023175697 (p) www.sagecapitalinvestments.com Asking Price: $750,500 ● 2 Property Offering. 4019 and 4032 Hamilton Street ● Mix of 1 and 2 Bedroom Apartments ● Part of a 140 Unit Portfolio Offering ●
Transcript of RealNex Investment Analysis Softwareimages4.loopnet.com/d2/40okLy4Kz2RaBt7MlTirQjPxl...$35000-$39999...
Hamilton Apartments
4015 Hamilton, Omaha, NE 68132
Jake Denker
Executive Vice President
4029687664
NE#20140150
209 S 19th Street, Suite 675Omaha, Nebraska 681924023175697 (p)www.sagecapitalinvestments.com
Asking Price: $750,500●
2 Property Offering. 4019 and4032 Hamilton Street
●
Mix of 1 and 2 BedroomApartments
●
Part of a 140 Unit PortfolioOffering
●
Real Estate Investment DetailsHamilton Apartments
4015 HamiltonOmaha, NE 68132
Jake Denker4029687664
Analysis
Analysis Date April 2017
Property
Property Hamilton Apartments
Property Address 4015 HamiltonOmaha, NE 68132
Year Built 1964
Financial Information
All Cash
Purchase Information
Property Type MultiFamily
Purchase Price $750,500
Units 19
Total Rentable Sq. Ft. 11,867
Loans
Type Debt Term Amortization Rate Payment LO Costs
All Cash
Income & Expenses
Gross Operating Income $114,900
Monthly GOI $9,575
Total Annual Expenses ($66,105)
Monthly Expenses ($5,509)
Contact Information
Jake Denker
4029687664
NE#20140150
The calculations and data presented are deemed to be accurate, but not guaranteed. They are intended for the purpose of illustrative projectionsand analysis. The information provided is not intended to replace or serve as substitute for any legal, accounting, investment, real estate, tax orother professional advice, consultation or service. The user of this software should consult with a professional in the respective legal, accounting,tax or other professional area before making any decisions.
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Property PhotosHamilton Apartments
4015 HamiltonOmaha, NE 68132
Jake Denker4029687664
4015 Hamilton Street 4023 Hamilton Street
Standard Bathroom
Eat-In Kitchen Living Area
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Pro Forma SummaryHamilton Apartments
4015 HamiltonOmaha, NE 68132
Jake Denker4029687664
UNIT MIX & ANNUAL SCHEDULED INCOME
Type Units Actual Total Market Total
1+1 12 $5,205 $62,460 $6,300 $75,600
2+1 7 $6,977 $48,840 $7,800 $54,600
TOTALS 19 $111,300 $130,200
ANNUALIZED INCOMEActual Market
Gross Potential Rent $111,300 $130,200
Less: Vacancy $0 ($6,510)
Misc. Income $3,600 $10,320
Effective Gross Income $114,900 $134,010
Less: Expenses ($66,105) ($68,410)
Net Operating Income $48,795 $65,600
ANNUALIZED EXPENSES
Actual MarketProperty Management Fee $5,745 $6,510
Alarm and Security $573 $573
Advertising $750 $750
Building Insurance $7,626 $7,626
Bank Fees $745 $745
Grounds Maintenance $3,600 $3,600
Janitorial $1,200 $1,200
Legal $410 $400
Maintenance $4,048 $4,048
Maintenance Supply $6,698 $6,698
Repairs $6,665 $6,665
Taxes - Real Estate $9,445 $10,445
Trash Removal $1,200 $1,200
Utility - Electricity $960 $950
Utility - Water/Sewer/Gas $16,440 $17,000
Total Expenses $66,105 $68,410
Expenses Per RSF $5.57 $5.76
Expenses Per Unit $3,479 $3,601
**Actual Income derived from Rent Roll. ProForma (Market) based off rent comps with a vacancyrate**
INVESTMENT SUMMARY
Price: $750,500
Year Built: 1964
Units: 19
Price/Unit: $39,500
RSF: 11,867
Price/RSF: $63.24
Lot Size: 0.42 acres
Floors: 3
Cap Rate: 6.5%
Market Cap Rate: 8.74%
GRM: 6.53
Market GRM: 5.34
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Unit Rent RollHamilton Apartments
4015 HamiltonOmaha, NE 68132
Jake Denker4029687664
Unit Description Approx. Sq. Ft. Current Rent Pro Forma Rent Comments
1 1+1 566 $435 $525
2 1+1 566 $0 $525 VACANT
3 1+1 566 $480 $525
4 1+1 566 $465 $525
5 2+1 725 $585 $650
6 1+1 566 $450 $525
7 1+1 566 $450 $525
8 1+1 566 $465 $525
9 1+1 566 $450 $525
10 1+1 566 $465 $525
11 1+1 566 $480 $525
12 2+1 725 $585 $650
13 2+1 725 $600 $650
14 2+1 725 $530 $650
15 2+1 725 $600 $650
16 2+1 725 $585 $650
17 1+1 566 $480 $525
18 2+1 725 $585 $650
19 1+1 566 $585 $525
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DemographicsHamilton Apartments
4015 HamiltonOmaha, NE 68132
Jake Denker4029687664
Population Characteristic 1 Mile 3 Mile 5 Mile
AGES 0-4 1,854 11,206 21,186
AGES 5-9 2,088 12,721 24,103
AGES 10-14 1,657 10,607 20,244
AGES 15-19 1,446 9,614 18,544
AGES 20-24 1,450 9,574 18,331
AGES 25-29 1,588 9,940 18,596
AGES 30-34 1,767 10,385 18,963
AGES 35-39 1,918 10,635 19,195
AGES 40-44 1,901 10,669 19,312
AGES 45-49 1,780 10,366 19,089
AGES 50-54 1,557 9,551 17,927
AGES 55-59 1,333 8,535 16,216
AGES 60-64 1,005 7,113 13,722
AGES 65-69 686 5,381 10,835
AGES 70-74 426 3,881 8,214
AGES 75-79 230 2,684 5,996
AGES 80-84 111 1,707 4,050
AGES 85+ 267 3,355 7,814
Household Income 1 Mile 3 Mile 5 Mile
Median Household Income $27,487 $35,150 $38,386
< $10000 1,703 7,752 11,798
$10000-$14999 964 4,790 8,552
$15000-$19999 719 3,634 7,409
$20000-$24999 869 4,961 8,371
$25000-$29999 588 4,390 7,964
$30000-$34999 613 4,086 7,514
$35000-$39999 410 3,572 6,720
$40000-$44999 584 3,471 6,617
$45000-$49999 247 2,506 5,187
$50000-$60000 683 4,392 9,110
$60000-$74000 866 5,340 11,372
$75000-$99999 600 5,152 10,675
$100000-$124999 388 2,101 4,528
$125000-$149999 103 956 2,234
$150000-$199999 220 915 1,838
> $200000 113 1,061 1,780
Race Characteristic 1 Mile 3 Mile 5 Mile
Non Hispanic White 13,595 90,948 189,676
Population Black 5,185 37,138 50,765
Population Am In/AK Nat 109 461 962
Characteristic Housing 1 Mile 3 Mile 5 Mile
Housing Units 10,818 66,031 120,857
Occupied Housing Units 9,331 58,193 108,594
Owner Occupied Housing Units 3,398 28,900 58,875
Renter Occupied Housing Units 5,933 29,293 49,719
Vacant Housing Units 1,487 7,838 12,263
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Location MapHamilton Apartments
4015 HamiltonOmaha, NE 68132
Jake Denker4029687664
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