1901 Mary Ann St - Apartments FOR SALE


Fairbanks, AK 99701
$2,215,000 USD
907-750-3920
1901 Mary Ann St, Fairbanks, AK for Sale
$2,215,000 USD
Apartments - FOR SALE
1/20
null | Request Cap Rate

1901 Mary Ann St
Fairbanks, AK 99701


HIGHLIGHTS

  • Heavy Day Time Traffic
  • Convenient Location

OVERVIEW

This 44 unit complex consists of 5 individual 1 bedroom homes, an 18plex, a 7plex, and a 14plex. The 18plex and the 14plex were both remote walled insulated about 10 years ago. the 18plex R52 wall and the 14plex has a R48, with all windows replaced, and bathroom fans added to both complexes, new pitched roof was added to the 14plex approx. 8 years ago. All buildings have had new natural gas condensing boilers added in the last 5 years. First showing will consist of 5-6 units giving you a feel for the buildings. Minimum of 5 day notice required to accommodate setting up appointments, listing agent to accompany showings. Not included in the sf is additional 10500sf heated basements, great storage areas, this puts a total of 30,000 under roof of heated space.

FOR SALE DETAILS

PRICE

$2,215,000 USD

PRICE/SF

$39 USD /SF

# OF UNITS

49

PRICE/UNIT

$45,204

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Norsemen

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1958

PARKING SPACES

10

LAND DETAILS

LAND ACRES

5.21 AC

LAND SF

226,848 SF

ZONING

MF, Fairbanks

APN/PARCEL ID

516538

ASK ABOUT THIS PROPERTY

Ray BrasierBrasier RealtyMore Info
907-750-3920

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Ray BrasierBrasier RealtyMore Info
907-750-3920

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