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1318 23rd Avenue, Fairbanks, AK

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1318 23rd Avenue

Fairbanks, AK 99701-6767

Property Type:Multi-Family Number of Units:6 Status:Existing Year Built:1983
Stories:2 Building Size:4,910 SF Land Area:.5 AC (21,741 SF)
For Sale Price:$365,000 Price/Unit:$60,833.33 Cap Rate:- GRM:-


Sale Notes:
This is a 6 Plex.
This is a well maintained property. Each unit is 2 Bedrooms, and one bathroom with a deck off the back of four units for cooking and hanging out. The lower levels has a coin operated washers and dryers for all the units. Over the past eight years, the current owners have made many upgrades and repairs to the property. They have redone the landscaping, it is very clean and inviting.
Due to it being next to the hospital, the largest employer in the Fairbanks North Star Borough, as well as schools, shopping, and other medical facilities. Present rents are $1,000 to $1,100, depending on whether electricity is included or not.
Be ready for the gasoline and what the influx of people will do for the rental properties in Fairbanks.
From Airport way, go south on Cushman street, Right on 23rd Avenue and follow it to 1318 23rd.

Alaska Commercial Properties, Inc.
Pamela D Throop
(907) 456-6008

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