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22-Unit Brick Apartment Building
For Sale
Contact for pricing
Pending

1011 K St, Fairbury, NE 68352

Brick construction, varied unit layouts, and on-site garage units define this multifamily property.

Property Size38,677 SF
Days on Market142

Property Features for 1011 K St

General Information

Standard status Pending
Size 38,677 SF
Total Parking Spaces 20
Property subtype Multifamily

Units

Unit Mix 13 x 2BR, 8 x 1BR
Multifamily Units 21

Additional Details

Asking Price $1,632,510

Building Details

Year Built 1991
Buildings 1
Construction Brick
Listing Agency: BigIron Realty
Listed By: Ron Stock · License #NE, , KS, MN, OK, SD, MO, IL, WI, CO
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 5:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BigIron Realty

Investment Insights

Based on property information with market context.

Pinecrest is a 22-unit apartment building at 1011 K St in Fairbury, Nebraska. The 38,677-square-foot property was built in 1991 with brick construction and includes 13 two-bedroom apartments, 8 one-bedroom apartments, and 1 commercial unit. The property also has 20 garage units.

Recent property updates include vinyl plank flooring, appliance replacements as needed, and kitchen and bathroom improvements as needed. New heating and air-conditioning units were scheduled for all 22 units in November 2023. The property is identified as an apartment building and is part of a broader group of Fairbury properties referenced in the listing materials.

Key Highlights

  • 22 units across 13 two‑bedroom, 8 one‑bedroom, and 1 commercial unit
  • 38,677 square feet on a single apartment property
  • Brick building constructed in 1991

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Real Estate Agency (Bike/Boat/Book/etc) Store Garden Center Skin Care Clinic Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21
Residential units

Location Intelligence

Trade Area within ½ mile

333
Businesses Nearby

Demographics for 68352, NE

5,075
Population
2,511
Households
2
Avg Household Size
45
Median Age
20%
College-Educated
92%
High-School Grad
271.6 sq mi
ZIP Area
19
Density / Sq Mi
$55,734
Median Household Income
$40,765
Median Earnings
$662
Median Rent
$122,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick construction, varied unit layouts, and on-site garage units define this multifamily property.
Where is this apartment building located?
The property is located at 1011 K St Fairbury, NE.
What are key features of this property?
This property features: 22 units across 13 two‑bedroom, 8 one‑bedroom, and 1 commercial unit; 38,677 square feet on a single apartment property; Brick building constructed in 1991
More about this property
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