$3,200,000
9000 Stephen Richards Memorial Drive
Juneau, AK 99801
MLS# 24-14179
18240 sqft


IMG_8174
  1 / 22  
IMG_8174 IMG_8170 IMG_2978 IMG_2826 IMG_2823 IMG_2822 IMG_2821 IMG_2819 IMG_2797 IMG_2796 IMG_2794 IMG_2789 IMG_2769 IMG_2768 IMG_2763 IMG_2758 IMG_2734 IMG_2732 IMG_2730 IMG_2726 IMG_2725 IMG_2724

Property Description
Introducing an exceptional investment opportunity in Juneau, Alaska—a robust two-story apartment building with a proven track record of stable tenancy and consistent demand. This impressive two-story apartment complex offers 30 units, including 29 cozy one-bedroom, one-bathroom apartments and a charming efficiency unit.

Details
Maps
Contract Info
Foreclosure/Bank Own: No
Price-List: 3200000
Date-Listing: 2024-11-15
Status: Active
Location, Tax and Legal
Region: 2 - Southeast Alaska Region
Borough/Census Area: 2B - Juneau Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Legal: Marsh Tr A & B according to Plat 321, Records of the Juneau Recording District, First Judicial District
Property Info
Realtor.com Type: Commercial
Construction Status: Existing Structure
Building Status: Leased
% of Space Leased: 100
Acres: 0.94
SF-Lot: 41075
Lot Area Source: Previous Appraisal
Zoning: D15 - Multi-Family
Floors: 2
Type of Property: Single Use
SF-Res: 18240
Year Built: 1984
Building Info
Building Name: Alderwood Apartments
Primary Space
Condo: 1
Heating
Baseboard: 1
Roof Type
Metal: 1
Flooring
Carpet: 1
Laminate: 1
Linoleum: 1
Walls
Sheetrock: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Location Tax and Legal
Area: 510 - Mendenhall Valley
Street #: 9000
Street Name: Stephen Richards Memorial
Arterial: Drive
Closest USPS Town: Juneau
State: AK
Zip Code: 99801
Property Features
Primary Space: Condo
Heating: Baseboard
Roof Type: Metal
Flooring: Carpet; Laminate; Linoleum
Walls: Sheetrock
Sewer: Public Sewer
Water Source: Public
Supplements
With a generous gross building area of 18,240 square feet, this property is a testament to smart space utilization and comfortable living. Situated on a spacious 41,075 square feet of leased land, this complex boasts long-term tenants, providing stable income potential for savvy investors. The building is strategically located, ensuring convenience for all tenants with easy access to local shops, schools, services, and recreational facilities, adding to the already considerable appeal for prospective renters seeking a blend of community and privacy. With the assurance of long-term tenants, this property presents a reliable income stream and limited vacancy rates, making it a particularly attractive option for investors aiming for a straightforward, lucrative addition to their portfolio. Each unit in the building reflects a commitment to maximizing tenant satisfaction, characterizing a thoughtful layout and functional living spaces. The building's structure and management have been upheld to ensure that new owners can anticipate minimal upheaval and a seamless transition.

IDX
Listing Office: Alaska Unlimited Realty

Last Updated: June - 27 - 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.