130 S 5th St - Apartments FOR SALE


Hebron, NE 68370
$2,758,680 USD
317-385-7415
130 S 5th St, Hebron, NE for Sale
$2,758,680 USD
Apartments - FOR SALE
1/93
null | Request Cap Rate

130 S 5th St
Hebron, NE 68370


HIGHLIGHTS

  • 14 properties in communities. Beatrice, Fairbury, Hebron, and York Nebraska and Belelville Kansas
  • A total of 284 unites and 143 garage units
  • Units by community: Beatrice 35 unites and 14 garage units: Fairbury 96 units and 23 garage units: Hebron 45 units and 20 garage units.
  • Units by community: York 92 units and 68 garage units: Belleville, KS 16 units and 0 garage units
  • Capital improvements: 199 AC units have been replaced since 2022: 14 of the 20 buildings have new roof systems: 135 Windows replaced in 7 b.

OVERVIEW

REDUCED PRICE 4/8/24 Hebron Properties Fairbury Description: These 4 apartment buildings are in close proximity of each other. There is a total of 45 units: there are 21 two-bedroom apartments and 24 one-bedroom apartments. Terrace has anew TPO roof installed in 2023, Terrace Annex had new shingles installed in2023. A new steel roof has been installed on the garage units on the Terrace Annex complex. Hebron House received new shingles in 2023. 36 of the 45 AC units were replaced or will be replaced in November 2023. The current management has been making numerous updates to the apartments including vinyl plank floors. New appliances needed. Kitchen and bathroom upgrades as needed. Address: Terrace Annex: 130S 9th St, Hebron, NE Terrace 915 Lincoln, Hebron, NE Hebron House 524 Jefferson, Hebron, NE Parkside Manor 130 S 5th St. Hebron, NE Legal Description: Terrace Annex: 130 S 9th St, Hebron, NE Parcel# 850067510 6-2N-2W Terrace 915 Lincoln, Hebron, NE Parcel # 850067685 6-2N-2W Hebron House 524 Jefferson, Hebron, NE Parcel # 850066395 6-2N-2W Parkside Manor 130 S 5thSt. Hebron, NE Parcel # 850066484 6-2N-2W 2023 Taxes: Terrace Annex: 130 S 9th St, Hebron, NE $3,747.80 Terrace 915 Lincoln, Hebron, NE $2,919.90 Hebron House 524 Jefferson, Hebron, NE $383.66 Parkside Manor 130 S 5th St. Hebron, NE $6,051.64 Owner/s: Fairbury 48LLC. Listing Agent/s: Ken Maguire. To make an offer call or text Ken at 307-385-7415 Reduced Price: Terrace Annex: 130 S 9th St, Hebron, NE $558,720.00 Terrace 915 Lincoln, Hebron, NE $680,940.00 Hebron House 524 Jefferson, Hebron, NE $52,3800.00 Parkside Manor 130 S 5thSt. Hebron, NE$1,466,640.00 Total Asking Price: $ 2,758,680.00 Bedrooms/Bathrooms: Terrace Annex: 130 S 9th St, Hebron, NE 8 total units All Two-bedroom units Terrace 915 Lincoln, Hebron, NE 12 total units All Two-bedroom units Hebron House 524 Jefferson, Hebron, NE Two-bedroom house Parkside Manor 130 S 5th St. Hebron, NE 24 total units All One-bedroom units Square Feet: Terrace Annex:130 S 9th St, Hebron, NE 13,000 Sq. Ft. Terrace 915 Lincoln, Hebron, NE 6,360 Sq. Ft. Hebron House 524 Jefferson, Hebron, NE 792 Sq. Ft. Parkside Manor 130 S 5thSt. Hebron, NE 18,581 Sq. Ft Year Built: Terrace Annex: 130 S 9th St, Hebron, NE Year: 1970 Terrace 915 Lincoln, Hebron, NE Year: 1960 Hebron House 524 Jefferson, Hebron, NE Year: 1925 Parkside Manor 130 S 5th St. Hebron, NE Year: 1981 Style: Terrace Annex: ¾ brick/Panel Siding Terrace Brick Hebron House Siding Parkside Manor Brick/Panel Siding Garage: Terrace Annex: 18 garage units Shared with Terrace Terrace shares with Terrace Annex Hebron House 2 garage units and one small Utility shed Parkside Manor No garage units on property Heating and Air Conditioning: Terrace Annex: 7 of the 8 AC units have been or are scheduled to be replaced since 2020 Terrace 8 of the 12AC units have been or are scheduled to be replaced since 2020 Hebron House The AC unit has been replaced Parkside Manor 24 of the 25 AC units have been or are scheduled to be replaced since 2020 the last remaining unit was replaced in 2018/2019. Windows: Not reported; No planned upgrades An Income and expense statement on the Hebron Properties is attached in sperate file. The Hebron properties are: Terrace Annex: 130 S 9th St, Hebron, NE Terrace 915 Lincoln, Hebron, NE Hebron House 524 Jefferson, Hebron, NE Parkside Manor 130 S 5thSt. Hebron, NE Listing Agent/s: Ken Maguire. To make an offer call or text Ken at 307-385-7415

FOR SALE DETAILS

PRICE

$2,758,680 USD

PRICE/SF

$71 USD /SF

# OF UNITS

24

PRICE/UNIT

$114,945

CAP RATE

Request Cap Rate

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parkside Manor: 3of14 properties: 284 Units

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1981

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

18,022 SF

ZONING

-

APN/PARCEL ID

850066484

ASK ABOUT THIS PROPERTY

Ken MaguireBigIronMore Info
317-385-7415

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Ken MaguireBigIronMore Info
317-385-7415

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