1335 Hyder St - Apartments FOR SALE


Anchorage, AK 99501- North Star | 
$875,000 USD
907-529-2289
1335 Hyder St, Anchorage, AK for Sale
$875,000 USD
Apartments - FOR SALE
1/97
null | 9% Cap Rate

1335 Hyder St
Anchorage, AK 99501
North Star


HIGHLIGHTS

  • 11-Unit Investment Property
  • Prime Midtown Location
  • Numerous Recent Upgrades & Improvements
  • Strong Income-Producing Potential
  • Professionally Managed

OVERVIEW

Strong Investment Opportunity in a Great Midtown Location! This well-maintained 11-unit investment property offers an attractive opportunity for investors seeking a property with strong performance and a long list of recent upgrades and improvements. Conveniently located in Midtown, the property is professionally managed and currently performs at an impressive 9%+ cap rate. Recent updates include a new heating system, updated laundry facility, fresh interior paint, and new appliances in most units, helping create a comfortable and appealing environment for residents while supporting the property's ongoing performance. With its desirable Midtown location, professional management, strong income potential, and numerous recent improvements, this property is a great opportunity to add a solid asset to an investment portfolio.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$143 USD /SF

# OF UNITS

11

PRICE/UNIT

$79,545

CAP RATE

9%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1951

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,000 SF

ZONING

R4

APN/PARCEL ID

00216232000

ASK ABOUT THIS PROPERTY

Kevin CrossReal Broker AlaskaMore Info
907-529-2289

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Kevin CrossReal Broker AlaskaMore Info
907-529-2289

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.