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$ 5,500,000
Est. payment | /mo
26,000 SqFt
$ 5,500,000
Est. payment | /mo
26,000 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 26,000 sqft
Price per Sqft $211
MLS Listing ID 25-694
Construction Status Existing Structure
Lot Size 0.697 Acres
Acres 0.7
Source Alaska Multiple Listing Service
Property Description
This outstanding multi-unit property in the heart of Fairbanks presents a prime investment opportunity with strong cash flow potential. Featuring34 units across 4 well-maintained buildings, this property offers a desirable mix of 3-bedroom and 1-bedroom units that are always in high demand due to its unbeatable location. This property offers a rare chance to secure a fully operational investment with minimal effort required. With nearly all units updated and a history of low vacancy, it's the perfect fit for an investor seeking a reliable and profitable asset in Fairbanks' thriving rental market.
Units listed: 622 & 632 11th Ave, 635 & 639 10th Ave
Units listed: 622 & 632 11th Ave, 635 & 639 10th Ave
Location
State AK
Area 710 - North Fairbanks
Zoning GC - General Commercial
Direction Cushman Street, Turn Left on Tenth Ave, Property on the left, across from police station.
Interior
Heating Baseboard
Exterior
Roof Type Membrane
Accessibility , Maintained
Building
Foundation Other
Lot Size Range 0.7
New Construction No
Construction Status Existing Structure
Others
Tax ID 0519456
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Listed by Walden Home Group
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Tim Chi
Agent | License ID: 209627