Built in 1997, Chateau Gardens presents an opportunity to acquire an extremely well located, 55+ (age restricted) apartment community in desirable Lincoln, Nebraska. The property is located along the MoPac Trail (a 26-mile hiking and biking trail spanning from Lincoln to Wabash), and within walking distance of The Gateway Mall, the largest shopping center in Lincoln. The asset has been owned by the original developer since it was constructed, and has been exceptionally maintained over the years, offering a buyer the ability to upgrade the common areas, amenities, and perform modest unit improvements. The property has been very well occupied for the last several years (currently 99%) given the exceptional location and low rent levels for the sub-market.
125 South Wacker Drive, Suite 400
Chicago, IL 60606
312.957.7391 | Fax: 312.957.7871