$ 3,200,000
9000 Stephen Richards Memorial DR Juneau, AK 99801
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$ 3,200,000
Est. payment | /mo
18,240 SqFt
$ 3,200,000
Est. payment | /mo
18,240 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 18,240 sqft
Price per Sqft $175
MLS Listing ID 24-14179
Construction Status Existing Structure
Originating Board Alaska Multiple Listing Service
Year Built 1984
Lot Size 0.943 Acres
Acres 0.94
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. 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.
Location
State AK
Area 510 - Mendenhall Valley
Zoning D15 - Multi-Family
Interior
Flooring Carpet
Exterior
Water Access Desc Public
Roof Type Metal
Building
Lot Size Range 0.94
Water Public
New Construction No
Construction Status Existing Structure
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Listed by Alaska Unlimited Realty
cinkota@allsolutionsrealestate.com
4300 B Street, Suite 106A, Anchorage, AK, 99503, United States