2316 Jefferson Ave - Apartments FOR SALE


Anchorage, AK 99517- Spenard
$1,895,000 USD
907-715-0909
2316 Jefferson Ave, Anchorage, AK for Sale
$1,895,000 USD
Apartments - FOR SALE
1/9
null | 7.92% Cap Rate

2316 Jefferson Ave
Anchorage, AK 99517
Spenard


HIGHLIGHTS

  • Studs-Out Remodel in 2023-2024! Low Maintenance & Easy Keeper
  • Private WDs & Balconies!
  • Fantastic Location - 5 minutes from Teds Steven's Airport.

OVERVIEW

Fully renovated & low-maintenance 12plex in a great pocket of Spenard. All units had a stud-out remodel in '23-'24. Featuring new windows/sliding doors, upgraded electrical lines, new 4'' plumbing lines, appliances & all cosmetics. The property offers a balanced mix of eight 2-bedroom and four 1-bedroom units, positioning it well for stable occupancy. 2&3 floor units offer private WDs & Balconies. Only 5 minutes from the Ted Stevens Intl Airport "The busiest cargo airport in the US". 100% occupied & professionally managed. Onsite, heated&secure storage units for all tenants. Lower units have shared WDs. Roofs resurfaced in 2023, 3 of the 4 water heaters replaced in 2023/2024, and boilers have been well maintained. Rent roll (with scheduled increases) $20K /month with creditworthy tenants in place. Utilities currently included in rent, with room for future rental increases. Excellent location with nearby trail access, dining, and conveniences, 5 minutes from the airport. Buyer to verify all information. Contact listing office for a marketing package.

FOR SALE DETAILS

PRICE

$1,895,000 USD

PRICE/SF

$174 USD /SF

# OF UNITS

12

PRICE/UNIT

$157,917

CAP RATE

7.92%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2314 & 2316 Jefferson Avenue

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1971

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

14,000 SF

ZONING

R2M

APN/PARCEL ID

01020301000

ASK ABOUT THIS PROPERTY

Ayla KingBuyers Real EstateMore Info
907-715-0909

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Ayla KingBuyers Real EstateMore Info
907-715-0909

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