Kelly Paschall
ALASKA REAL ESTATE VALUES
(888) 455-6223
76 Total Sales
10 in Badger
$21K - $316K Price Range
Welcome to an exceptional investment opportunity in the heart of North Pole, Alaska, where the potential for solid returns meets the unique charm of the region. This 5-plex property boasts an ideal location, with Eielson Air Force Base just 10 minutes away and Fort Wainwright also within a convenient 10-minute drive. Unit Configuration: Four one-bedroom apartments with one-car garages and one bathroom each. One spacious upstairs apartment featuring one bedroom, an office, 1.5 bathrooms, a dining room, a living room, and a wine refrigerator. Garage Space for Dry Storage Rental: The property offers a fantastic opportunity for additional income through an 8-car garage, providing dry storage rental during the winter months. This feature caters to the needs of residents seeking secure storage solutions for their vehicles or belongings during the harsh Alaskan winters. Proximity to Military Bases: With Eielson AFB and Fort Wainwright just a short 10-minute drive away, the property is strategically located to attract military personnel and their families. This proximity increases the demand for rental units, enhancing the property's potential for consistent occupancy. Unique Upstairs Apartment: The one-bedroom upstairs apartment with an office space, dining room, and living room offers a luxurious and desirable living arrangement. The inclusion of a wine refrigerator adds a touch of sophistication and convenience, making this apartment stand out in the market. Historical High Occupancy Rate: A notable feature of this investment is its track record of never staying vacant. The consistently high occupancy rate is a testament to the property's appeal, location, and management. Local Amenities and Attractions: North Pole, AK, is known for its picturesque landscapes and festive atmosphere. The property's proximity to the charming town center, local amenities, and attractions makes it an attractive option for residents. Potential for Appreciation: Given the strategic location and demand from military personnel, there is the potential for property value appreciation over time, making this investment not only lucrative in terms of rental income but also as a long-term asset. This 5-plex property in North Pole, AK, presents a rare opportunity to invest in a thriving rental market with a strong demand for housing. Whether you're a seasoned investor or looking to enter the real estate market, this property's features and location make it an attractive and reliable investment option. Don't miss out on the chance to be part of the flourishing North Pole community with this lucrative real estate opportunity.
Last Agent to Sell the Property
Ivy Nicholson
CYCLIC PROPERTIES REAL ESTATE License #171382 Listed on: 01/03/2024
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Kelly Paschall
ALASKA REAL ESTATE VALUES
(888) 455-6223
76 Total Sales
10 in Badger
$21K - $316K Price Range
Dan Kiernan
MAJORS REALTY GROUP, LLC
(888) 417-7952
125 Total Sales
41 in Badger
$15K - $665K Price Range
Kirk Maynard
NEXTHOME ARCTIC SUN
(844) 293-4488
81 Total Sales
18 in Badger
$50K - $549K Price Range
Bobby Desrochers
GOLD STANDARD REAL ESTATE SERVICES, LLC
(844) 432-0533
266 Total Sales
42 in Badger
$11K - $710K Price Range
Amanda Bent
MAGNETIC NORTH REALTY LLC
(866) 981-9676
86 Total Sales
7 in Badger
$36K - $360K Price Range
Jon Majors
MAJORS REALTY GROUP, LLC
(855) 790-8421
284 Total Sales
102 in Badger
$14K - $670K Price Range
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | None Listed On Document | ||
| $650,000 | -- |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $635,000 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/01/2024 02/01/24 | Sold | -- | -- | -- | |
| 01/07/2024 01/07/24 | Pending | -- | -- | -- | |
| 01/03/2024 01/03/24 | For Sale | $720,000 | +10.8% | $122 / Sq Ft | |
| 08/16/2021 08/16/21 | Sold | -- | -- | -- | View Prior Sale |
| 08/11/2021 08/11/21 | Pending | -- | -- | -- | |
| 08/11/2021 08/11/21 | For Sale | $650,000 | -- | $110 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,810 | $619,044 | $18,607 | $600,437 |
| 2024 | $8,771 | $619,044 | $18,607 | $600,437 |
| 2023 | $8,561 | $611,747 | $18,607 | $593,140 |
| 2022 | $9,254 | $585,579 | $18,607 | $566,972 |
| 2021 | $8,837 | $504,617 | $18,607 | $486,010 |
| 2020 | $9,019 | $510,533 | $18,607 | $491,926 |
| 2019 | $8,971 | $510,533 | $18,607 | $491,926 |
| 2018 | $8,372 | $510,781 | $18,607 | $492,174 |
| 2017 | $7,876 | $515,753 | $18,607 | $497,146 |
| 2016 | $7,616 | $515,753 | $18,607 | $497,146 |
| 2015 | $7,143 | $515,753 | $18,607 | $497,146 |
| 2014 | $7,143 | $515,753 | $18,607 | $497,146 |
I
Seller's Agent in 2024
Ivy Nicholson
CYCLIC PROPERTIES REAL ESTATE
Buyer's Agent in 2024
Angie Tallant
SOMERS SOTHEBY'S
(907) 347-3622
111 in this area
315 Total Sales
Source: Greater Fairbanks Board of REALTORS®
MLS Number: 154355
Ask me questions while you tour the home.