Apartment Complexes: E, I, and 5th St., Fairbury, NE

Fairbury E Street Apts, Eastview, and Colonial Court

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.

PRICE REDUCED

Address: 

E Street Apts                         828 E St. Fairbury, NE

Eastview                               525 I St. Fairbury, NE

Colonial Court                      905 5^th 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 5^th 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                      9055^th St. Fairbury, NE      $8,351.26

Owner/s: Fairbury 48LLC.

Listing Agent/s:  Ken Maguire

Price:

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

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

Colonial Court                      905 5^th 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 5^th 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 5^th 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 5^th 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

Crestwood17^th St.               815 17thSt. Fairbury, NE

E Street Apts                         828 E St. Fairbury, NE

Eastview                               525 I St. Fairbury, NE

Colonial Court                      905 5^thSt. Fairbury, NE

Pinecrest:                              1011 K St, Fairbury, NE

SchoolHouse:                      720 J St. Fairbury, NE