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6 revisions | Hallie at Jul 12, 2020 11:05 AM | |
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51BIGGEST DEAL ON RECORD. THE LORD JONES PROPERTY BOUGHT BY BURR & BURR. One Hundred Thousand Dollars Paid for One Thousand Acres---A Big Boom for South Lincoln. A Beautiful Location. One of the largest and most important real estate deals that has been made in Lincoln for a long time was consummated yesterday. By the transaction Messrs. C. C. and F. S. Burr came into possession of the Lord Jones tract of land, lying southwest from the court house and between the business center of the city and Lincoln park, embracing one thousand acres of land, through the center of which, east and west, runs South street and the Asylum Street railway and south of which runs the Lincoln. Street railway's lines to the park, while north and south the tracks of the Union Pacific and B. & M. railways run. The price paid for this property was $160,000. For years it has practically been unoccupied though some of the Lincoln's most modest little homes have sprung up all around it, as well as substantial manufacturing enterprises until now it has become through these circumstances very valuable and desirable land. The Burrs have already begun to plat the property with a view to placing it on the market and no doubt it will be readily sold. One hundred and sixty-three acres will be on the market in a short time--this being the section more easily reached from car lines. The property includes the big brick mansion formerly occupied by Lord Jones, in the northeast corner of the property. Mr. Burr sticks by Lincoln with his old time confidence and continues to gather in the golden sheckles. He states that there is an increasing demand for city property well located, while during the past two months there has been a greater demand for farm property in Nebraska than at any time within the last year, and the prospects for the rapid growth of the state in the immediate future are very bright and encouraging. | 51BIGGEST DEAL ON RECORD. THE LORD JONES PROPERTY BOUGHT BY BURR & BURR. One Hundred Thousand Dollars Paid for One Thousand Acres---A Big Boom for South Lincoln. A Beautiful Location. One of the largest and most important real estate deals that has been made in Lincoln for a long time was consummated yesterday. By the transaction Messrs. C. C. and F. S. Burr came into possession of the Lord Jones tract of land, lying southwest from the court house and between the business center of the city and Lincoln park, embracing one thousand acres of land, through the center of which, east and west, runs South street and the Asylum Street railway and south of which runs the Lincoln. Street railway's lines to the park, while north and south the tracks of the Union Pacific and B. & M. railways run. The price paid for this property was $160,000. For years it has practically been unoccupied though some of the Lincoln's most modest little homes have sprung up all around it, as well as substantial manufacturing enterprises until now it has become through these circumstances very valuable and desirable land. The Burrs have already begun to plat the property with a view to placing it on the market and no doubt it will be readily sold. One hundred and sixty-three acres will be on the market in a short time--this being the section more easily reached from car lines. The property includes the big brick mansion formerly occupied by Lord Jones, in the northeast corner of the property. Mr. Burr sticks by Lincoln with his old time confidence and continues to gather in the golden sheckles. He states that there is an increasing demand for city property well located, while during the past two months there has been a greater demand for farm property in Nebraska than at any time within the last year, and the prospects for the rapid growth of the state in the immediate future are very bright and encouraging. |
