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11403 Heritage Court - 28 Unit Investment Property, Eagle River, AK

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11403 Heritage Court - 28 Unit Investment Property

Eagle River, AK 99577 - Outlying Anchorage Borough MF Submarket

Property Type:Multi-Family Number of Units:28 Status:Existing Year Built:1978
Stories:3 Building Size:24,464 SF Land Area:.2 AC (8,712 SF)
For Sale Price:$2,290,000 Price/Unit:$81,785.71 Cap Rate:8.50 % GRM:-

Parking:1.72 Parking Spaces / 1,000 SF

Sale Notes:
Excellent Multi-Family Investment Property. The subject for sale is a 4 parcel, 28 unit complex, which is comprised of two 8-plexes (1983 construction) and two 6-plexes (1978 construction). $190K in capital improvements have been completed since the property was purchased in 2011. Detailed information can be found in the attached proforma summary.

Pac Rim Properties
Jeff Smodey
(907) 563-3345

Richard Sorge
(907) 563-3345

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