{"@context":"https://schema.org/","@type":"Product","name":"Apartment Complexes: 70 Units in five properties in Fairbury Nebraska","url":"https://www.bigiron.com/Lots/ApartmentComplexes70UnitsinfivepropertiesinFairburyNebraska","image":"https://bigiron.blob.core.windows.net:443/public/items/d8fa3e0aad88ee11a81c00224890f82c/noname-36209_45bb661e8db64f81a024dffc71514c3a.jpg","description":"#INVALID HTML#

Address: 

E Street Apartments            828 E St. Fairbury, NE

Eastview                              525 I St. Fairbury, NE

Colonial Court                      905 5thSt. Fairbury, NE

Crestwood H St.                  1710H St. Fairbury, NE

Crestwood 17th St.               815 17th St. Fairbury, NE

Pinecrest                             1011 K St. Fairbury, NE

            

General Description70units in six buildings in Fairbury Nebraska. There are 57 two-bedroom apartments, 12 one-bedroom apartments and 1 commercial unit.  There are also 43 garage storage units included in the package.  New flat TPO roofs/shingles on Eastview and Crestwood H St.  Colonial Court received new shingles, the flat roof portion was inspected by contactor and no upgrades planned.  60 of the 70 AC units have been replace since 2020.  Pinecrest has one commercial unit in the lower level with opportunity to develop remaining space in the lower level. The current management has been making numerous updates to the apartments including Vinyl plank floors, New Appliances as needed, Kitchen and Bathroom upgrades as needed.

Price:

E Street Apartments            828 E St. Fairbury, NE         $611,100.00

Eastview                              525 I St. Fairbury, NE         $458,325.00

Colonial Court                     905 5th St. Fairbury, NE    $1,187,280.00

Crestwood H St:                  1710 H St. Fairbury, NE       $663,480.00

Crestwood 17th St.               815 17th St. Fairbury, NE    $497,610.00

Pinecrest:                            1011 K St, Fairbury, NE    $1,632,510.00

                                                Total asking Price:          $5,050,305.00

Legal Description:  

E Street Apartments            828 E St. Fairbury, NE        Parcel #  480021457  14-2N-2E

Eastview                                525 I St. Fairbury, NE         Parcel# 480017867   14-2N-2E

Colonial Court                      905 5th St. Fairbury, NE      Parcel# 480017603   14-2N-2E

Crestwood H St:                   1710 H St. Fairbury, NE      Parcel# 480013969  11-2N-2E

Crestwood 17th St.               815 17th St. Fairbury, NE  Parcel # 480013861  11-2N-2E

Pinecrest:                              1011 K St, Fairbury, NE      Parcel #  480083797 14-2N-2E

Owner/s: Fairbury 48LLC.

Listing Agent/s: Ken Maguire

 

2023 Taxes:

E Street Apartments            828E St. Fairbury, NE        $4,952.08

Eastview                                525I St. Fairbury, NE          $3,374.96

Colonial Court                      9055th St. Fairbury, NE      $7,927.72

Crestwood H St:                   1710H St. Fairbury, NE      $5,299.20

Crestwood 17th St.               815 17th St. Fairbury, NE  $4,447.44

Pinecrest:                              1011K St, Fairbury,            $9,045.18

Bedrooms/Bathrooms:

E Street Apartments            10 units total             All units are two-bedroom

Eastview                               7 units total                6 two-bedroom and 1one-bedroom

Colonial Court                      17 units total             14 two-bedroom and 3 one-bedroom

Crestwood H St:                   8 units total               All units are two-bedroom

Crestwood17th St.               6 units total               All units are two-bedroom

Pinecrest:                              22 units total             13 two-bedroom units and 8 one-bedroom. One of the 22 units is a commercial unit

Totals                                     70 units total             57 two-bedroom and 12 one-bedroom 1 commercial unit

Square Feet:

E Street Apartments             8,946 Sq. Ft

Eastview                                  6,382 Sq. Ft           

Colonial Court                      13,704 Sq. Ft

Crestwood H St:                   11,823 Sq. Ft

Crestwood 17th St.               10,376 Sq. Ft

Pinecrest:                              38,677 Sq. Ft

Year Built:

E Street Apartments            Year:  NA

Eastview                               Year: 1973

Colonial Court                      Year:  1967

Crestwood H St:                   Year:  1985

Crestwood17th St.               Year: 1985

Pinecrest:                              Year:  1991Refurbished

Style:

E Street Apartments            Brick/Panel Siding

Eastview                              Vertical Siding

Colonial Court                      Brick

Crestwood H St:                   Brick

Crestwood 17th St.               Brick

Pinecrest:                             Brick  

Garage:

E Street Apartments            no garage units on the property

Eastview                               3 garage units on the property

Colonial Court                      no garage units on the property

Crestwood H St:                   20 garage units on the property

Crestwood17th St.                

Pinecrest:                              20garage units on the property

Heating and Air Conditioning:                                      

E St Apartments:      10 Units         8 of 10 AC units have been replaced in past 3 years

Eastview:                    7 Units         5 of 7 AC units have been replaced in past 3 years

Colonial Court:         17 Units         12 of 17 AC units have been replaced in past 3 years

Crestwood H St:        8 Units         8 of 8 AC units have been replaced in past 3 years

Crestwood 17th St:   6 Units         5 of 6 AC units have been replaced in past 3 years

Pinecrest:                  22 Units         22 of 22 AC units have been replaced in 2023.   

Windows:

Crestwood 17th St:  1 window has been replaced in 2023

An Income and expense statement on the Fairbury Properties is attached in sperate file. 

The information on these properties were obtained from sources deemed reliable, however sellers and broker make no guarantees as to the accuracy.  All prospective buyers are encouraged to fully inspect the properties and rely on their own conclusion.

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