rv-c
TfTE OMATtA SUNDAY BKK: AUGUST K,, 10 4.
APARTMENT MODERN HOTEL
Combines These Advantages, with
Requirements of Home.
rVTHYTHING EUT BELLBOYS
MHrra MetkoHs ef Mvlaa; Have
leases Oae at Insaortaat
rleaees.
ONE OF OMAHA'S HUSTLING REAL
ESTATE MEN.
"An apartment house consists of mod
ern eomplrte homes In a family hotel,
with all the requirements of a noma and
tha conveniences and equipments of a
hotel with the cscrptlon of tha bell
boys and hotel clerKs," says a real estate
man.
"Modern methods of living- have made
the building of apartment houea a sci
ence. As we have become modern and
fastidious In dress, so we have become
In our home life until It Is almost Im
possible to rent an apartment unless It Is
equipped with all tha details necessary to
satisfy the most exacting- tenant The
architecture of an apartment house has
changed and does change as quickly el
moft as fashions and amusements. The
demands of yesterday are forgotten for
the desires of tomorrow. A few years
ago peopfe were highly pleased with flats,
of which tha Ht. Louis was the most
popular. In these they furnished their
own heat, water, took rare of It them
selves, ank were apparently quite content
with this mode of construction. Then
eme the apartment) house, which has
been changed, exterior and Interior, until
today an apartment house Is not com
plete unless It hss sun rooms, sleeping
porches, gas dryers, laundries, vacuum
cleaners, refrigerators, gaa stoves, and
built-in beds. In fact, a modern apart
ment house today la so complete that It
takes very little furniture to finish It.
Everything at your finger's ecd, no
matter what you may want
Teaaat la t'oasldered.
"If you study the cost of construction
and value of land, there would be no oc
casion for the remark that landlords are
s-kklng too much rent Not only must
the building be complete In all Its de
tails, but a tenant expects so much more
In an apartment house than he would
think of putting Into his own home. The
builder of apartment house has but little
choice as to what his own Ideas may be.
lie must always hear In mind what the
tenant will expect and demand from him
If he wants to fill his building and keep
It rented.
"The saving that a tenant makes by
living In an apartment house la often
under-estimated. Fifteen dollars per
month would not take care of the differ
ence In the expense of living In an apart
ment house and renting a detached house
In the suburb. When you take Into con
sideration the cost of fuel, hot and cold
water when you want It, Janitor's serv
ice, carfare and all the minor saving
possible In aa apartment you should not
blame the owner for charging you for
what you are getting, as nowhere In the
world are you able to get something for
nothing. If you want these conveniences
and location, you must expect to pay for
it Also with the constant changing of
architecture and meeting the desires of
tenants, the building that Is built today
will not In three or four years command
the same amount of rent for the reason
that newer Ideas have crept into the
buildings, and the fickle tenant goes
from one to the other.
Lecatlea la Important.
"The first consideration must be the
location. Apartment house dwellers sel
dom climb a hill. They want to be on
the car lines or within a block, and they
want to be within five minutes walk of
the business district. They choose a lo
cation to live In where the laud value is
high and which is no small prt of the In
vent nient.
"Not understanding the cest of construc
tion, but yet demanding rll convenience
ttiiiants overlook the fart that the land
lord who buys the lar.d and erects tho
building Is entitled to a Just return on the
money Invested. In computing what Is a
Just return to the landlord, not only must
you figure the cost of the land and the
building, but from the gross Income there
input v first be taken the expense of
maintenance, taxes. Insurance, upkeep,
depreciation on bulldliiK, Janitor's aervb-e,
heat, light, ttu To the the tenant no
doubt It looks m though the landlord was
charging too I such, but If you w ill inves
tigate, you w 11 find that tha expense of
management I quite a large item, and if
the landlord lnoka after the property hlm
elf, he Is ent itled to a salary for the time
he spends ing the tenant good service.
Jf an agent oka after the building, there
there Is, of sourse, a specific charge for
It. but it mist all come from the gross
rent, and when you sum it all up, you
must re men ber that you yourself are re
sponsiblu for the rent you are paylnr. If
jou did not receive all the modern con
veniences If the apartment house you are
i living in. jn,u would not be satlried. and
no ono likei to live In a home, be It in an
apartment souse or in the resident dis
trict that oesn't meet his requirements."
R Benson.
WOLF BACK FROM THE EAST
Does Not Think European War Will
Hart Real Estate Business.
BENEFIT TO COME TO OMAHA
TIMELY REALESTATE GOSSIP
Beautiful New Addition Jtfst South
of Miller Park.
People af t: a rope Mast Con Here
Perchase Their Wheat
ad the Bread
staffs.
v
Harry Wolf, who spent some weeks at
Atlantlo City, has returned to Omaha.
Mrs. Wolf Is still at Atlantlo City.
Mr. Wolf asserts that the war In
Europe will have little effect upon the
demand for real estate. lie declared
that business would go on here as be
fore, that real estate transactions would
be active, and that In the end Omaha,
along with all America, would greatly
profit by the war in Europe.
"What will they do while the war la
going on 7" "Will they starve over there
in Germany, In England, In France?" was
asked, to which Mr. Wolf replied;
"No. Not by Jong ways. All this
talk about not being able to ship our
wheat and all that is nonsense. It It is
against the rules of neutrality for us to
ship It out, then England will simply
come over with Its ships guarded by a
man-of-war, will buy the wheat and pay
for it in our harbors and will take Its
own chances on landing It safely In Eng
land. "Furthermore, that Is only one way of
doing It Neutrality! What Is to prevent
us from shipping our wheat to Canada?
When It Is once In Canada, It Is no viola
tion of neutrality (or us if England comes
to Canada and geta that wheat They
will need our products while the war Is
going on, and they' will get, them some
way. And they will need them when the
war is over. America Is bound to profit
by it"
Mr. Wolf says there Is one predominent
notion In the minds of the easterners in
regard to the west It la that the western
people make money so fast that they do
not know what to do with It. He says
Omaha Is looked upon In the east as a
place of opportunities, as Is all the west
"They look upon the west with envy
Just as the people of Kui-ope look upon
America in general. In Europe every
body has a vague Idea that some time
they will come to the Vnlted States to
live. Just so, hundreds of thousands In
the east have a feeling that some day
they will come from the east to the west
or central west and make fortunes."
Good Demand for
City Property and
Nebraska Farm Land
Odell Defends
the Blue Sky Law
That reiij estate promoters of doubtful
reputation are planning an attack on
the Nebrnska blue sky law In order to
make another raid on Innocent investors.
is the declaration of Prank O. Odell,
chalrtnaa of the Farmers' rongress leg
islative toinmittee. Mr. Odell says:
"The iinnouncement that a fund has
been rallied by real estate promoters to
fight thj blue sky law should put the
coming legUleture on guard. This law
was pajised in response to overwhelming
publio opinion, barked by platform
pledi ef of all parties and the demand of
all rvinmerctal clubs and farmers' or
ganlstiions of the state.
"TV. passage of the act was opposed
ty a powerful real estate lobby, com
posed of promoters of outside propositions
of doubtful reputation. The provisions
of the law have already shut out many of
these concerns and suved millions to
Nebraska people who have been sinking
their money in land Investments which
can never pay profitable returns.
"Nebraska has been a gold mine for
these sharks. Wa need our monev for
Ttesldence property Is selling well in
Omaha in spite of the war and real estate
men do not look for any decline in the
demand for homes. There Is a general
feeling that there has been a little tight
ening of the market for. large deala in
the way of real estate, such as business
blocks and cites for buMness buildings or
factories, but they say this Is scarcely
noticeable. They expect that whatever
effect may have been felt along thla line
it will disappear aa the war progresses,
and people realise that this country will
go about Its business as before.
I Seldom have Investors looked with more
jevor upon rarm property In Nebraska
than now. The long record of good aver
age crops, taking the state as a whole,
capied this year by the crowning crop
of many years, has turned their eyes to
farm proiwrty again, as one of the safest
Investments.
Ileal ettate men for this reason are
expecting a lively business In the trans
fer of farm real estate during the fall
and winter, Increasing population and
diminishing available raw land, la bound
to tell Ha story In time. The time Is here,
and Nebraska land, with Ita wonderful
crops, mskes one of the strongest ap
peals to the would-be farmers, say real
estate men.
Time waa whea the farmers' sons be
came farmers, the city man's eons be
came clerks, and that was all there was
to It The farmers' sons now, on ac
count of better farm conditions, are more
anxious than ever to remain en the farms
and become farmers aa their fathers
were, while the city man's sons, noting
the Independent life of the farm, are seek
ing a way to get on the farm and become
farmers also. This aids the demand for
farms.
Agricultural schools all over the United
States, It Is asverted. have done much to
incite a desire for farm life. Thousands of
young men from the cities are taking
scientific courses in the agricultural col
leges and are going out to look for
BELLE ISLE AND LAURELTON
t harlee W. Mania Develops Tweaty
Acres with Deer lsy High
t'lasa Hemes, t'an.tltetlaar
Place t Oatafca.
Seldom If ever before has so large a
section of substantial and beautiful homes
been built In Omaha aa the section de
veloped by the C'harle W. Martin com
pany Immediately south of Miller park.
Here Is a tract of over twenty arret
that a year and a half ago was a truck
garden. Today it la covered with costly
homes and blossoms with lawns and
flower gardens. It Is a tract three blocks
from north to south and the same dis
tance from east to west. Thus there are
nine blocks in the tract.
It was a year ago tha fifteenth day of
last month that the first house waa built
on this section. Today the Martin com
pany Is complet'i g the work on the six
tieth house.
The numbers are perhaps not more sig
nificant than the fact that the building
restrictions have been so placed that no
houses can be built except two-story
houses snd of a substantial price. Those
Immediately facing the park must cost
at least $3,600. Those a street farther
south must cost at least $3,000, and those
still a street farther south, or on Laurel
avenue, must cost no lens than $2,S0o.
This means substanliaf homes. None
are building the minimum cost but all
are building at a cost above the mini
mum. This makes the houses In thla
beautiful section range from 13.2M te
16,000.
Stucco, brick and frame houses have
been built, and aU of the latest and most
modern patterns. Stucco homes are espe
cially numerous here, and in the pure
atmosphere of this northern part of the
city where the smoke' and smudge of ln
dustry never goes, these stucco houses
present a wonderfully clean and tasty
appearance.
For years Miller park has lain, a beau
tiful park, .with few residences built up
around it Many have long had the feel
Ing that there was great residence prop
erty lying around this park, but It waa
long before anyone began to develop It on
a large scale. The Martin company aaw
the opportunity In this large estate lying1
Just south of the park. The eompsny
bought It platted It out and set to work
building homes. It waa not long until
the lots began to sell rapidly, and there
was a good demand for the home already
completed.
The homes facing Kansas avenue and
likewise faolng Miller park have the addi
tional advantage of the park view. There
are homea there from the front Porch
of which one can see a quarter of a mile
down into the park, and can even see
the beautiful lake In the park. This
Is a view that cannot be shut off.
It was Emerson who said that Bill
and John and Jake might hold the deeds
to all the property around him, "but the
landscape Is mine; they cannot get a deed
to the view."
So It Is with those who will own the row
of houses facing the park. The city has
the deed to the park, but the landscape
belongs to the scene of beauty in tho soul
of the owner of the lot that fronts on the
park. His children wlU have not only
the front yard, but will have the whole
of the park for a playground Just as
though he had a deed to It all.
Then this Is high ground. Although It
Is very level. It Is said to lie as high In
altitude as the high school building. The
air is clear and pure and free from
smoke.
The tract really comprises two additions.
In name. That Is. all was developed
abdMt tho same time, but the north part
Is known as "Belle Isle" addition, while
the southern part Is known as taurelton
addition.
.Restrictions have been made so rigid
that no stores, public garaxes, or other
rlanes of business are allowed. The
Martin company waa offered a fancy
prloe for the northeast comer, where the
purehsser wanted to locate a store. They
refused the offer and took less than half
the money for the lots for residence pur
poses. It Is a strictly residence district,
and Is filling up rapidly with the families
of the substantial class of business and
professional men. '
Aa a whole this addition is a great and
valuable asset to Omaha, and with Its
essy access from the boulevards, and the
Twenty-fourth street car lines, will hence
forth be one of the show places of Omaha.
The boulevards touch it The Prettiest
Mile reaches it, Miller park adjoins it
for a distance of three blocks, and pav
ing of evsry street in the addition Is to
begin within thirty days.
the development of the best state la the
union. TU blue sky law is an h.t "V" 7 " "TT
isriua. v iiri me irmeni tending to re
main ob the farms and the clttee pouring
measure for the protection of innocent
people and no legitimate business prop
osition will suffer because of It - The
people should come to Its defense against
the Ititrcms that hope to exploit them."
How Tastes fhaeae. .
Funny that Hie very frilow who tCK
a sirl lur a In. k of her hair In the court
fciiip liavt r.cn he klw it e f. ndiy will
r liae a lrMT It he find one of
th.iii in He uutu-r after he is married.
4 itnie Tiui'L'jiion.
their young men out to seek farms, the
demand is sure to Increase, and with the
Increased demand for farma la sure to
come an Increased price for the available
farms.
Urlvea atelt llraaaehe. Away.
Agonising sick headache cured by using
Dr. King's New Ufa Pills regularly ;, keep
liver and bowels to healthy condition. Sc.
AU druggists. Advertisement
London Meeting of
Building and Loan
Men is Called Off
The building and loan people of the
country have been Interested In taearlnar
the outcome of the International Build
ing association convention, to have been
held In London August 11 and 11 Word
has Juat been received that the American
party sailed July Si, although It waa quite
under protest that some of the members
made the trip on account of the threaten
ing war conditions. A cablegram from
one of the party elates that they landed
at Liverpool, Eng.. August 7, and that It
would be the effort of the members of
the party to return by the same boat on
which they went, the Bt. Paul, an Ameri
can ship. Iy this the Understanding is
that the London meeting was railed off
and that no effort would be made to get
together.
The International meeting waa to have
been participated In by English, German.
trench and Swedish associations, but
owing to the war tt ia not likely that
any of the delegates outside of the Amer
icans made any effort to reach London.
T. J. Fltxmorrla and wife of Omaha.
who were te attend the convention, sailed
in June. Word from thera Is to the effect
that they are In England at thla time.
Locally the aituatlon among the build
ing and loan and savings and loan sso
elation, is normal, the officers of theae
institutions reporting a stronger demand
for loans Just now than they are able to
accommodate. Where, a few months age
X10B per member per month was the rule,
local associations are now taking all
funda offered. There his been no flurry
whatever among their members on ac
count of the European war situation.
Hard laiaresa.
"." said nonchalant Mr. Wombat
"I was In t.gypt"
"I supiMiae you stood awestruck before
tte Kiand and solemn sphinx."
" V ell. I gave It the once over." Pitta-
Every citizen of Omaha
will be interested in
one or more of the
following subjects:
Owning a home
,'," eeBa,eeeBaMaanejaJe- eja
Everyone can own his home in these days of en
lightened service on the, part of real estate companies.
They are carefully revolving plans to meet the NEEDS
of purchasers of homes. Your FINANCIAL problems
are being solved for you, as well as those of comfort,
pleasant surroundings, cost of living, cost of home oper
ating, efficiency in domestic machinery and arrangement, etc.
Plans have been devised by which you can purchase a home
by paying each month about the same amount of money you
would ordinarily pay for rent Make a study of the real estate
columns in the Classified Section today Select an advertisement
of a home you would like to own and go see the real estate conv
pany about it You; will learn valuable information and will be
taking a real step toward homebwning and all its advantages and
financial profit
Suburban property
The beautiful suburbs of Omaha are delightful places in which
to live. You get clean country living combined with all modern con
veniences. The streets are quiet, the air is pure, you have plenty of
room, congeniality of a country village, and yet all the influence and
advantages of city life.
Thrifty people who are seeking safe and profitable invest
ments for their funds should find out more about suburban prop
erty. These newly established centers outside the city's heart
have a very promising future They have been platted and beau
tified and sold to home builders on terms within the reach of
everyone
Business property
Prices for business property this year are low, considering the
immediately bright future for this class of investments. There is a
growing tendency to centralize each business neighborhood, and a
well built, attractive building in a good location is the safest and
most promising investment a man can make.
Vacant lots
Here is a form of property into which you can put a little
money and it will take care of itself If you do not care to build,
just hold your lot for a few months, - At this time, lots purchased
ten months have been sold for from $200 to $300 profit.
A home and an acre of ground
In the real estate columns of today's paper you will find offered
for sale little farms near the city, which can be made very fruitful
in a reasonable length of time. Find out from the owners what
possibilities there are and ask their advice in developing a small
piece of ground.
Omaha real estate as an investment cannot be beat Stability
of business and continued prosperity is responsible for the rapidly
increasing values in real estate GET YOUR SHARE
THE OMAHA BE
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