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NebraskaMultifamily

Berkadia brokers sale of 470-unit apartment project in Omaha

Staff Writer April 2, 2017
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Berkadia recently closed the sale of Grandridge Apartments, a multifamily property at 5439 N. 100th Plaza in Omaha, Nebraska.

Managing director Ralph DePasquale of the Chicago office and director Laurel Wallerstedt of the Kansas City office worked together to complete the sale. The property was marketed without an asking price and sold on June 29.

The buyer was Grandridge 930, LLC of Brooklyn, New York. The seller was a private investment partnership based in Salt Lake City, Utah.

Built in 1974, the property’s 470 units offer one-, two- and three-bedroom floor plans in both apartment and town-home layouts. Unit amenities include fully equipped kitchens, balconies or patios, internet access and ceiling fans. Select units have fireplaces and garages or covered parking. Community amenities include a large clubhouse with a swimming pool, spa, tanning beds, laundry room, fitness center and extra storage.

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