Apartment Property - Hayes Center, NE

SOLD

Nice investment property, established and earning income.

Property Description and Location:

The property fronts on Francis Street, on the west side of Hayes Center (the Hayes County seat), two blocks off Nebraska State Highway 25. The lot is 150 feet by 230 feet, or 34,500 square feet.The property is improved with a brick building, constructed circa 1979, and containing a total of 2,670 square feet. New asphalt shingles were put on the building in 2011, and rain gutters in 2008. The site has an automatic underground sprinkler system, and on-street parking.The building houses four, one-bedroom/one-bath apartment units, and includes a common laundry with washer and dryer. Each apartment is equipped with baseboard electric heat and a window air conditioning unit, and each has a kitchen stove, refrigerator, and garbage disposal unit. The interior of the apartments was painted in 2008. In the past year new carpet, vinyl, ceiling fans, and weather stripping has been installed in some units, where needed. All of the components in the facility are in nice condition.

Year 2011 Taxes:
$1,096.72