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

720 J St, Fairbury, NE 68352

Two-bedroom apartments feature vinyl plank flooring, updated appliances, and kitchen and bathroom improvements as needed.

Property Size57,778 SF
Days on Market141

Property Features for 720 J St

General Information

Standard status Pending
Size 57,778 SF
Property subtype Multifamily

Units

Unit Mix 26 x 2BR
Multifamily Units 26

Additional Details

Asking Price $2,156,310

Building Details

Year Built 1923
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 5:49PM

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.

This brick apartment property contains 26 two-bedroom residences totaling 57,778 square feet. Built in 1923, the building has received ongoing interior work, including vinyl plank flooring, appliance replacements, and kitchen and bathroom upgrades as needed. There are no garage units on the property.

The property is located at 720 J St. in Fairbury, Nebraska. A TPO flat roof installation for the second and third floors was scheduled for November 2023. Individual air-conditioning equipment serves the apartments; one of the 26 units was replaced in 2023, and another new unit had been placed on the roof but was not installed.

Key Highlights

  • 26 total apartments, all configured as two‑bedroom units
  • 57,778 square feet in a brick building constructed in 1923
  • TPO flat roof scheduled for the 2nd and 3rd floors in November 2023

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Real Estate Agency (Bike/Boat/Book/etc) Store Locksmith Storage Facility Barber Shop

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

26
Residential units

Location Intelligence

Trade Area within ½ mile

307
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 - Two-bedroom apartments feature vinyl plank flooring, updated appliances, and kitchen and bathroom improvements as needed.
Where is this apartment building located?
The property is located at 720 J St Fairbury, NE.
What are key features of this property?
This property features: 26 total apartments, all configured as two‑bedroom units; 57,778 square feet in a brick building constructed in 1923; TPO flat roof scheduled for the 2nd and 3rd floors in November 2023
More about this property
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