525 I St
Fairbury, NE 68352
Colonial Court: 3of14 properties: 284 Units · Multifamily Property For Sale · 34 Units

REDUCED PRICE 4/8/24
Fairbury E Street Apts, Eastview, and Colonial Court (Total of 3 Apartments)
Description:
This 3 apartment building are in close proximity of each other with a total of 34 units. There are 30 two-bedroom apartments and 4 one-bedroom apartments. There are also 3 garage storage units on the Eastview property. A new flat TPO roof and shingles is scheduled for installation on Eastview building in November 2023and the shingles will be replaced on the Colonial Court building in November 2023. 16 of the 34 AC units either have been replace or will be replace in November 2023 by sellers. 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.
Address:
E Street Apts 828 E St. Fairbury, NE
Eastview 525 I St. Fairbury, NE
Colonial Court 905 5th St. Fairbury, NE
Legal Description:
E Street Apts 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
2023 Taxes:
E Street Apts 828 E St. Fairbury, NE $5,216.68
Eastview 525I St. Fairbury, NE $3,555.30
Colonial Court 9055th St. Fairbury, NE $8,351.26
Owner/s: Fairbury 48LLC.
Listing Agent/s: Ken Maguire. To make an offer call or text Ken 317-385-7415
Reduced Price:
E Street Apts 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
Total asking Price: $2,256,705.00
Bedrooms/Bathrooms:
E Street Apts 828 E St. Fairbury, NE
Eastview 525 I St. Fairbury, NE
Colonial Court 905 5th St. Fairbury, NE
34 units total 30 two-bedroom units and 4 one-bedroom units
Square Feet:
E Street Apts 828 E St. Fairbury, NE 8,946 Sq. Ft
Eastview 525 I St. Fairbury, NE 6,382 Sq. Ft
Colonial Court 905 5th St. Fairbury, NE 13,704 Sq. Ft
Year Built:
E Street Apts 828 E St. Fairbury, NE Year: NA
Eastview 525 I St. Fairbury, NE Year: 1973
Colonial Court 905 5th St. Fairbury, NE Year: 1967
Style:
E Street Apts Brick/Panel Siding
Eastview Vertical Siding
Colonial Court Brick
Garage:
3 garage units on the Eastview property
Heating and Air Conditioning:
E St Apts: 10 Units 2out of 10 AC units have been replaced within past 3 years
Eastview: 7 Units 1out of 7 AC units have been replaced within past 3 years
Colonial Court: 17 Units 13 out of 17 AC units have been replaced within past 3 years
Windows:
Not Reported; No planned upgrades
An Income and expense statement on the Fairbury Properties is attached in sperate file. The Fairbury properties are:
Crestwood H St: 1710 H St. Fairbury, NE
Crestwood17th St. 815 17thSt. Fairbury, NE
E Street Apts 828 E St. Fairbury, NE
Eastview 525 I St. Fairbury, NE
Colonial Court 905 5thSt. Fairbury, NE
Pinecrest: 1011 K St, Fairbury, NE
SchoolHouse: 720 J St. Fairbury, NE
Listing Agent/s: Ken Maguire.To make an offer call or text Ken 317-385-7415