$3,000,000

567 Friends Way Kotzebue, AK 99752

Estimated payment $19,712/month

Total Views 2,779
21 Beds
15 Baths
11,568 Sq Ft
$259 Price per Sq Ft

About This Home

Unique State of Alaska backed lease. This is the State Trooper housing for much of western Alaska. All units are 3 br with 2.5 baths.. Lease term expires in 2038. 2% bumps starting March 2026. Utilities and light maintenance paid by State. Price at 8.8% Capitalization rate. Package available upon request.

Listing Agent

Matthew Fink

RE/MAX Dynamic Properties License #11733

RE/MAX Dynamic Properties

Property Details

Home Type

  • Apartment

Year Built

  • Built in 2003

Parking

  • 7 Car Garage

Home Design

  • 11,568 Sq Ft Home

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 15 Full Bathrooms

Schools

  • June Nelson Elementary School
  • Kotzebue Middle School
  • Kotzebue High School

Additional Features

  • 0.47 Acre Lot
  • Heating Available

Community Details

Overview

  • 7 Buildings
  • 7 Units

Building Details

  • Gross Income $23,331

Property Details

Home Type

Apartment

Year Built

Built in 2003

Lot Details

0

Parking

7

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.47
  • Directions: Located at 567 Friends Way, Kotzebue
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment Style
  • Year Built: 2003
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Number Of Buildings: 7
  • Full Bathrooms: 15
  • Total Bedrooms: 21
  • Living Area: 11568

Exterior Features

  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding
  • Foundation Details: Other
  • Property Condition: Existing Structure

Garage/Parking

  • Covered Parking Spaces: 7
  • Garaged Spaces: 7
  • Total Parking Spaces: 14

Utilities

  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: June Nelson
  • High School: Kotzebue
  • Middle Or Junior School: Kotzebue

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 20473.2
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown
  • Zoning: UNK
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 23331

Tax Info

  • Tax Map Number: N/A

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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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
03/10/2025 03/10/25 For Sale $3,000,000 -- $259 / Sq Ft
Source: Alaska Multiple Listing Service

Source: Alaska Multiple Listing Service

MLS Number: 25-2452

Alaska Multiple Listing Service

Alaska Northwest Arctic Borough Kotzebue 99752

567 Friends Way, Kotzebue, AK

Homes for Sale in Kotzebue, AK

This home is located at 567 Friends Way, Kotzebue, AK 99752 and is currently priced at $3,000,000, approximately $259 per square foot. This property was built in 2003. 567 Friends Way is a home located in Northwest Arctic Borough with nearby schools including June Nelson Elementary School, Kotzebue Middle/High School, and Nikaitchuat Ilisagviat School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Alaska Multiple Listing Service The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.

Matthew Fink
Listing Agent
Matthew Fink
Section Image
RE/MAX Dynamic Properties
(907) 244-4194