NOT LISTED FOR SALE
24 Beds
11 Baths
11,394 Sq Ft
0.65 Acres

Last Sold February 29, 2016

46 Days on Market

Highlights

  • 0.65 Acre Lot
  • Views
  • Washer and Dryer
  • Service High School Rated A-
  • Baseboard Heating

About This Home

As of February 2016

LOCATION LOCATION LOCATION! HUGE CASH FLOW! Giant all 3 bd units, huge kitchens with granite counters new cabinets and flooring. Large comm area rec room. Newer roof, hot water heaters steps and more. Always a waiting list of tenants. This building would be a Grand Slam for assist to live. EZ to add 4th BD to every unit. lot size allows 24 units. If you want premium South Anc property this is it!

Last Agent to Sell the Property

Thomas Alexander

Herrington and Company, LLC License #11979 Listed on: 10/14/2015

Last Buyer's Agent

Eric Dye

Globe Real Estate, LLC License #17044

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $10,938

Year Built

  • Built in 1969

Lot Details

  • 0.65

Parking

  • 18 Parking Spaces

Home Design

  • 11,394 Sq Ft Home

Bedrooms and Bathrooms

  • 24 Bedrooms

Schools

  • Btv-Undiscl By Ll Elementary And Middle School
  • Btv-Undiscl By Ll High School

Additional Features

  • Washer and Dryer
  • 0.65 Acre Lot
  • Baseboard Heating
  • Property Views

Listing and Financial Details

  • Total Actual Rent $140,700

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $872
  • Fuel Expense $6,844
  • Insurance Expense $7,000
  • Maintenance Expense $3,500
  • Professional Management Expense $7,200
  • Trash Expense $3,816
  • Water Sewer Expense $4,634
  • New Taxes Expense $11,000
  • Operating Expense $47,865
  • Gross Income $140,700
  • Net Operating Income $88,614

Property Details

Home Type

Apartment

Est. Annual Taxes

$10,938

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.65
  • Road Surface Type: Paved
  • Professional Management Expense: 7200
  • Directions: Klat road, south on Johns road, east on Dailey, turn right on Gregg, driveway on left.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Multi Family, Apartment Style
  • Year Built: 1969
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 8
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 24
  • Interior Amenities: Storage
  • Living Area: 11394

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Unknown
  • Property Condition: Existing Structure

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking, No Carport, No Garage
  • Total Parking Spaces: 18

Utilities

  • Laundry Features: Common Area, Washer/Dryer HkUp
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 6843.96
  • Trash Expense: 3816
  • Annual Water Sewer Expense: 4634.04

Schools

  • Elementary School: BTV-Undiscl by LL
  • High School: BTV-Undiscl by LL
  • Middle Or Junior School: BTV-Undiscl by LL

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 28314
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 8
  • Electric Expense: 872.04
  • Annual Gross Income: 140700
  • Insurance Expense: 7000
  • Maintenance Expense: 3500.04
  • Property Net Operating Income: 88614
  • Annual Operating Expense: 47865
  • Total Actual Rent: 140700
  • Income And Expenses Vacancy Allowance: 4221

Tax Info

  • New Taxes Expense: 11000
  • Tax Annual Amount: 10938
  • Tax Map Number: N/A
  • Tax Year: 2015

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2016 02/29/16 Sold -- -- --
12/01/2015 12/01/15 Pending -- -- --
10/15/2015 10/15/15 For Sale $1,095,000 -- $96 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 15-15840

Alaska Multiple Listing Service