3806 Indiana St - Apartments FOR SALE


Anchorage, AK 99503- Spenard
$3,995,000 USD
907-715-0909
3806 Indiana St, Anchorage, AK for Sale
$3,995,000 USD
Apartments - FOR SALE
1/10
null | 7.83% Cap Rate

3806 Indiana St
Anchorage, AK 99503
Spenard


HIGHLIGHTS

  • Townhouse Style Units w/ Washers & Dryers!
  • 100% Occupied with Credit-Qualifying Tenants
  • 5 Minutes from the Airport & Downtown!

OVERVIEW

27 Townhouse Style Units in Midtown! Beautiful property, minutes from the airport All units 2bed/1.5bath Townhomes w/ WDs, dining area, sliding glass doors and porches. Parking posts /w plugins. Large owner's storage shed w/ electric, gas & water (ADU potential!). Exterior storage units most tenants. Newer roofs, asphalt shingle. Many units updated, some fully remodeled. Well cared for property with amenities tenants love. 100% occupied, professionally managed! Current rents $42,825, 2026 renewals scheduled $44,730. Units are roughly 844/sqft each. Parking lot just restriped. Electric is separately metered/ tenants pay. Property has a wood fence around nearly the full parameter. 4 boilers, located in separate exterior sheds. All serviced / maintained. 2 of the buildings painted last year.

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/SF

$164 USD /SF

# OF UNITS

27

PRICE/UNIT

$147,963

CAP RATE

7.83%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Village West Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

PARKING SPACES

46

LAND DETAILS

LAND ACRES

1.98 AC

LAND SF

86,249 SF

ZONING

R2M

APN/PARCEL ID

01011641000,01011642000,01011643000,01011644000

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.