Preserve at Evans Place Omaha, NE

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Preserve at Evans Place

Address

10505 Evans Plaza
Omaha, NE 68134

Omaha, NE

  • Units: 418
  • Built: 1972
  • Renovated: 2024

Investment Highlights

  • Significant Value-Add Upside with Proven $170+ Rental Premiums Post-Renovation
  • $744,000+ of Additional Income Via Continued Unit Interior Modernizations
  • Opportunity to Obtain Immediate Economies of Scale with 400+ Units
  • Prime Douglas County Location – Rated A+ by Niche
  • Great Highway Connectivity | Proximate to Key Demand Drivers
  • Offered Free & Clear

$744,000+ of Additional Income Via Continued Unit Interior Modernizations

New ownership has the remarkable opportunity to realize significant rent premiums through a value-add renovation program with average rent increases of $170+ per unit. The Preserve at Evans Place is primed for continued value-add implementation through completing upgraded finish packages on the remaining 85% of the unit mix.

Opportunity to Obtain Immediate Economies of Scale with 400+ Units

With the acquisition of the Preserve at Evans Place, new ownership can immediately establish a significant presence in the Omaha market and achieve economies of scale, which can lead to higher overall NOI and lower operating costs.

Great Highway Connectivity | Proximate to Key Demand Drivers

Located right off I-680 and Highway 64, the Preserve at Evans Place has fantastic connectivity to all major highway arteries through Douglas County and is proximate to national retail and restaurants. The property offers an unquestionably convenient location near neighborhood amenities such as Westroads Mall and Children’s Hospital & Medical Center. Not to mention, downtown Omaha is a short drive away (15 minutes) and boasts some of the very best areas to work and play. 

Location Map

Amenities

Tenant Services

Unit Amenities

  • Several Renovated Units Featuring LVP Flooring, White Subway Tile Backsplash, & Updated Appliance Packages*
  • Spacious Floor Plans
  • Plentiful Closet & Storage Space
  • Full Range
  • Dishwasher
  • Refrigerator
  • Air Conditioning
  • High-Speed Internet Access
  • Walk-In Closets
  • Patio/Balcony

*Select Units Only

Community Amenities

  • Private, Semi-Fenced-In Community Clubhouse
  • Modern Community Clubhouse with:

- Kitchen

- Large Balcony Overlooking the Pool

- Kids Play Area

- Coffee Bar

- Staff Offices

  • Fitness Center
  • Swimming Pool with Sundeck
  • Luscious Lawns & Rolling Hills
  • Fenced-In Dog Park with Benches
  • On-Site Laundry Facilities
  • Grilling Areas with Pergola
  • Package Pick Up/Storage
  • On-Site Management & Maintenance

Team

Brokerage Team

When evaluating your options for a partner to assist with the sale of your multifamily asset, there are a number of factors you may consider. From experience and market knowledge to marketing prowess and ongoing support, each plays an integral role in creating a positive experience and a profitable outcome. Yet the one competency you may never have considered could be the one that matters most: the ability to move capital across markets efficiently and effectively.

MMG possesses a unique combination of talent, resources, expertise, and access that delivers an elevated experience from acquisition to disposition. Discover the benefits of a partnership with us.

Josh Benard

Josh Benard

Senior Advisor
FA.100097443
916.216.4606 josh.benard@mmgrea.com
Shana Patrick

Shana Patrick

Managing Director
Licensed Real Estate Broker in the State of Iowa B63502000
515.777.0941 shana.patrick@mmgrea.com
Adam Riddle

Adam Riddle

Managing Director
MMG REA
ER.100024441
303.257.7627 adam.riddle@mmgrea.com
Jake Sullivan

Jake Sullivan

Senior Advisor
MMG REA
913.553.1733 jake.sullivan@mmgrea.com
Alex Blagojevich

Alex Blagojevich

Executive Managing Director/Founding Partner
MMG REA
773.899.0391 alex.blagojevich@mmgrea.com
Michael Sullivan

Michael Sullivan

Executive Managing Director/Founding Partner
MMG REA
913.484.7923 michael.sullivan@mmgrea.com