Listing courtesy of Manny Rodriguez of Jack White Commercial
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This 8-unit community presents a prime investment opportunity for those seeking high returns, low operating expenses, and straightforward management. Gross annual income: $223K. Annual Op Ex: $56K. NOI: $166K. 4-bedroom units increasing to $2,500/mo upon lease expiration allows for increased ROI for an investor after acquisition. Property being sold as-is, where-is.
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Listing Snapshot
Price
$1,750,000
Days On Site
75 Days
Bedrooms
31
Inside Area (SqFt)
15,571 sqft
Total Baths
16
Full Baths
16
Partial Baths
N/A
Lot Size
0.49 Acres
Year Built
2009
MLS® Number
24-11650
Status
Active
Property Tax
$20,536.38
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
2 weeks ago
Listing updated with changes from the MLS®
2 weeks ago
Price changed to $1,750,000
2 months ago
Status changed to Active
2 months ago
Listing first seen on site
General Features
Acres
0.49
Garage
Yes
Garage Spaces
16
Property Sub Type
Multi Family
Security
Smoke Detector(s)
Sewer
Public Sewer
SqFt Total
15571
Zoning
R2M - Multi Family
Interior Features
Flooring
Vinyl
Heating
Forced AirNatural Gas
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Exterior Features
Construction Details
Block
Lot Features
LevelWaterfront
Roof
Asphalt
View
Mountain(s)
Waterfront Features
Creek
Waterview
Mountain(s)
Community Features
Financing Terms Available
CashConventional1031 Exchange
MLS Area
1A - Anchorage Municipality
Roads
Paved
Schools
School District
Unknown
Elementary School
Northwood
Middle School
Romig
High School
West Anchorage
The listing content relating to real estate for sale on this website comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than eXp Realty, Inc. are marked with either the listing brokerage's logo or the AK MLS logo, and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing Information is updated daily. Copyright 2024 Alaska Multiple Listing Service, Inc. All Rights Reserved.
Data Services Provided by Showcase IDX.
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