Home /   Realty Home /  Apartment Complex: 35 Units in three properties in Beatrice Nebraska
BigIron Realty

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    General Description

    35units in three buildings in Beatrice Nebraska. There are 32 two-bedroom apartments and 3 one-bedroom apartments.  New roofs have been installed on Manor Houseand Carriage House; Townhouse has new shingles; the flat roof has beeninspected by the contractor and has no planned upgrades.  Carriage House in addition to the new TPOroof (2023), has new sheathing and new vinyl siding on the exterior (2024), Allwindows have been evaluated by the contractor and 18 windows have been replaced(2024), 5 sliding glass doors have been replaced (2024) and 9 AC systems havebeen replaced. Townhouse in addition to its shingles, received new windows onthe north side of the property and all 17 AC systems have been replaced. Manor House,addition to the new roof it, all 6 HVAC systems have been replaced.  Manor House has 6 garage storage units on theproperty and Carriage House has 8 storage units on its property and Townhousehas 10 covered parking spaces.  Thecurrent management has been making numerous updates to the apartments includingVinyl plank floors, New Appliances as needed, Kitchen and Bathroom upgrades asneeded.

     

    Price:

    ManorHouse:       601 N 4thSt.  Beatrice, NE                       $   497,610.00

    Townhouse:          823 N 6thSt.  Beatrice, NE                       $1,261,485.00

    CarriageHouse:    515 N 13thand Lincoln, Beatrice, NE       $  942,840.00

    Total Asking Price:                                                                  $ 2,701,935.00

     

    LegalDescription:  

    ManorHouse: 601 N 4thSt.  Beatrice, NE Parcel # 12979000        33-4N-6E Townhouse: 823 N 6thSt.  Beatrice, NE  Parcel # 13985000       33-4N-6E

    CarriageHouse: 515 N 13thand Lincoln, NE  Parcel # 14350000      34-4N-6E

     

    2023 Taxes:

    Manor House: 601N 4th St.  Beatrice, NE                         $ 4,644.90

    Townhouse: 823 N 6thSt.  Beatrice, NE                         $12,024.86

    Carriage House: 515 N 13th and Lincoln, Beatrice,NE       $ 9,911.46

     

    Owner/s: Beatrice 35 LLC

    Listing Agent/s: Ken Maguire

     

    Bedrooms/Bathrooms:

    ManorHouse: 6 units total  All units are two-bedroom

    Townhouse: 17 units total 15two-bedroom and 2 one-bedroom

    CarriageHouse: 12 units total  11two-bedroom and 1 one-bedroom

     

    Square Feet:

    ManorHouse:                        6,417 Sq. Ft.

    Townhouse:                         13,392 Sq. Ft.

    CarriageHouse:                   14,337 Sq. Ft.

     

     

    Year Built:

    ManorHouse:                       Year: 1976

    Townhouse:                         Year: 1970

    CarriageHouse:                   Year: 1975

     

    Style:

    ManorHouse:                      Frame – Wood3/4 Brick/Stucco

    Townhouse:                         Frame- Brick

    CarriageHouse:                   Frame – Brick newsheathing and vinyl siding in 2024

     

    Garage:

    Manor House:                       6garage units on the property

    Townhouse:                          Nogarage units on the property 10 Covered parking spaces

    CarriageHouse:                   8 garage units on the property

     

    Heating and Air Conditioning:                                      

    Manor House: 6 Units-6 out of 6 HVAC units havebeen replaced within past 3 years

    Townhouse: 17 Units-17 out of 17 HVAC units have beenreplaced within past 3 years

    CarriageHouse: 12 Units-11 out of 12 HVAC units have beenreplaced within past 3 years

     

    Utilities Gas/Electricity and Water: 

    Manor House: Gas& Electricity paid by tenant. Water is included in Rent

    Townhouse: Gas paid by landlord (Stoves andWater heaters) Electricity paid by tenant. Water is included in Rent.

    Carriage House: Gas& Electricity paid by tenant. One apartment shares gas with the laundry room and is included inrent.  Water is included in Rent

    Windows:

    ManorHouse:           No reported, there are noplanned upgrades

    Townhouse:             All windows on the north sideof the building have been replaced since 2020.

    CarriageHouse:       All windows have beenreplaced since 2020  

     

    An Income and expense statements on the three BeatriceProperties are attached in sperate file. The three properties are:

     

    ManorHouse:           601 N 4th St.Beatrice, NE

    Townhouse:             823 N 6th St.  Beatrice, NE

    CarriageHouse:       515 N. 13th andLincoln St. Beatrice, NE

     

    The information on these properties wereobtained from sources deemed reliable, however sellers and broker make noguarantees as to the accuracy.  Allprospective buyers are encouraged to fully inspect the properties and rely ontheir own conclusion.

    Location




    Terms


    Please see each Lot for specific terms.