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1521 Hilton Avenue - Borealis Assisted Living, Fairbanks, AK

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1521 Hilton Avenue - Borealis Assisted Living

Fairbanks, AK 99701-4015

Property Type:Multi-Family Number of Units:10 Status:Existing Year Built:2012
Stories:1 Building Size:4,056 SF Land Area:1.07 AC (46,548 SF)
For Sale Price:$1,450,000 Price/Unit:$145,000.00 Cap Rate:- GRM:-


Sale Notes:
Beautiful new building that was constructed for use as an assisted living facility. The owner has closed the facility for personal reasons. There are ten (10) private rooms, all with their own bathrooms wide open foyer/ guest area that leads into an open kitchen, separated by a serving bar/window. Laundry facilities are on site as well as walk-in tub and hairdresser sink/ station. During construction sprinkler system was installed throughout the building.

The facility would work for an upscale office, a medical or dental clinic, a charter school, a small church, real estate company, or it could be utilized for the purpose it was built an assisted living facility. It is two (2) blocks from the hospital and many doctors offices or clinics. Nearby are churches, schools, shopping, restaurants, movie theater, and a bus stop for ease of getting to and from other destinations in the Borough. Detached from the main building is a small utility shed. A portico large enough to handle vans and large cars covers the entryway to shield against rain and snow. The west side of the property has not been developed. It could be sold separately or used for future expansion.

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

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