601 N 4th St - Apartments FOR SALE


Beatrice, NE 68310
$497,610 USD
317-385-7415
601 N 4th St, Beatrice, NE for Sale
$497,610 USD
Apartments - FOR SALE
1/23
null | Request Cap Rate

601 N 4th St
Beatrice, NE 68310


HIGHLIGHTS

  • 14 properties in communities. Beatrice, Fairbury, Hebron, and York Nebraska and Belleville Kansas
  • A total of 284 unites and 143 garage units: Fairbury 96 units and 23 garage units: Hebron 45 units and 20 garage units.
  • Beatrice 35 unites and 14 garage units: York 92 units and 68 garage units: Belleville, KS 16 units and 0 garage units
  • Capital Improvements made: 99 AC units have been replaced since 2022: 14 of the 20 buildings have new or newer roof systems.
  • Capital Improvements made: 135 windows have been upgraded in seven buildings.

OVERVIEW

REDUCED PRICE 4/8/24 Beatrice Manor House Description: This apartment complex consists of 1 apartment building with a total of 6 units. All 6 units are two-bedroom apartments. There are also 6 garage storage units on the property. A new roof has been added to the apartment building and the garages in 2023. 3 of the 6 HVAC units have been replaced by sellers.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: Manor House: 601 N 4th St. Beatrice, NE Legal Description: Manor House: 601 N 4th St. Beatrice, NE Parcel # 12979000 33-4N-6E 2023 Taxes: Manor House: 601 N 4th St. Beatrice, NE $3,284.62 Owner/s: Beatrice 35 LLC. Listing Agent/s: Ken Maguire. To make an offer call or text Ken at 317-385-7415 Reduced Price: Manor House: 601 N 4th St. Beatrice, NE $497,610.00 Bedrooms/Bathrooms: Manor House: 601 N 4th St. Beatrice, NE 6 units total All units are two-bedroom Square Feet: Manor House: 601 N 4thSt. Beatrice, NE 6,417 Sq. Ft. Year Built: Manor House: 601 N 4thSt. Beatrice, NE Year: 1976 Style: Manor House: Frame - Wood Garage: 6 garage units on the property Heating and Air Conditioning: Manor House: 6 Units 3 out of 6 HVAC units have been replaced within past 3 years Windows: Manor House: No reported, there are no planned upgrades An Income and expense statement on the three Beatrice Properties is attached in a sperate file. The three properties are: Manor House: 601 N 4th St. Beatrice, NE Townhouse: 823 N 6th St. Beatrice, NE Carriage House: 515 N. 13th and Lincoln St. Beatrice, NE Listing Agent/s: Ken Maguire. To make an offer call or text Ken at 317-385-7415

FOR SALE DETAILS

PRICE

$497,610 USD

PRICE/SF

$78 USD /SF

# OF UNITS

6

PRICE/UNIT

$82,935

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

ManorHouse: 1of14 properties: Total 284 units

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1976

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,079 SF

ZONING

-

APN/PARCEL ID

012979000

ASK ABOUT THIS PROPERTY

Ken MaguireBigIronMore Info
317-385-7415

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Ken MaguireBigIronMore Info
317-385-7415

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