$1,375,000
Anchorage, AK 99504
MLS# 25-7050
Status: Closed
26 beds | 15 baths | 11052 sqft
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Property Description
Priced at an 8.4% CAP this 14 unit investment property is a turn-key, money making operation from the start with a great property manager in place that would love to keep managing this building. Extensive improvement and capital expenditures have gone into this building to make it an easy to maintain investment for the next owner. Many of the units have been remodeled and updated. See pro forma.
Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 1375000
Date-Listing: 2025-06-10
Status: Closed
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): SW1136
Tax Map #-Mat-Su: N/A
Legal: Fairview L20A B12
Taxes (Estimated): 13852.58
Tax Year: 2025
School-Elementary: William Tyson
School-Middle: Clark
School-High: Bettye Davis East Anchorage
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 15
Bathrooms Total: 15
Bldgs-Ttl #: 1
Acres: 0.29
SF-Lot: 12500
Lot Area Source: Tax Authority
Zoning: R4 - Multiple Family Residential
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 18
Beds: 26
Year Built: 1977
SF-Res: 11052
Number of Units: 14
Directions and Remarks
Directions: Commercial Dr to N Park Street, North to property on right
Multi-Family Type
Apartment Style: 1
5+ Units: 1
To Show
ShowingTime: 1
Listing Terms Financing
AHFC: 1
Cash: 1
Conventional: 1
Heating
Baseboard: 1
Natural Gas: 1
Topography
Level: 1
Construction Type
Wood Frame: 1
Foundation Type
Block: 1
Wtrfrnt-Access Near
None: 1
Wtrfrnt-Frontage
None: 1
Sewer-Type
Public Sewer: 1
Water Source
Public: 1
Access Type
Paved: 1
Maintained: 1
Mortgage Info
EM Minimum Deposit: 14000
Income & Expenses
Exp-Elec/Yr Avg: 2457.24
Exp-Gas/Yr Avg: 8040
Exp-Wtr/Swr/Yr Avg: 5680.32
Sold Info
Date-Pending: 2025-08-21
Date-Closing: 2025-10-31
Location Tax and Legal
Area: 50 - Post Rd - Glenn Hwy
Street #: 225
Directional: N
Street Name: Park
Arterial: Street
Closest USPS Town: Anchorage
State: AK
Zip Code: 99504
Property Features
Multi-Family Type: Apartment Style; 5+ Units
Foundation Type: Block
Construction Type: Wood Frame
Heating: Baseboard; Natural Gas
Sewer-Type: Public Sewer
Water Source: Public
Access Type: Paved; Maintained
Topography: Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
To Show: ShowingTime
Listing Terms Financing: AHFC; Cash; Conventional
Pro Forma 
IDX
Listing Office: Real Broker Alaska
Last Updated: October - 31 - 2025
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with 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. Site contains live data.