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13496 Old Seward Highway

Anchorage, AK 99515
  • $2,265,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 21-15337
UPDATED: 43 min ago
$2,265,000
  • 2
    BEDS
  • 0.78
    ACRES
  • 21
    BATHS
  • 0
    1/2 BATHS
  • 7,140
    SQFT
  • $317
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1970
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Attention Investors! South Anchorage 21plex, studs out rebuild in 2017! 2 story-20 unit building, all airy efficiency units (one built to ADA specs), a large 2 bed ranch home (with soaring 10 ft ceilings) with boiler and laundry service for the main building, detached 2 car garage. No stone left unturned, with new electrical, plumbing, roof, siding, windows, boilers, appliances, all cosmetics.Known as Beluga Flats (see the metal whale sign!), this property sits on nearly 34,000 square feet of buildable, high density zoning (B-3 zoning) and allows for both residential and commercial use. The parking lot is seal coated and painted. Loads of parking with the potential to build covered parking for extra income. This property is being offered for sale at $2,265,000 or a 6.65% cap rate based on profit and loss data. Take advantage of historically low commercial financing rates with commercial financing rates in the low to mid 4% range! Take advantage of the fact that this investment will have no significant deferred maintenance for years to come. Of the hundreds of commercial multifamily properties in Anchorage, this is one of the handful built in the last decade and it shows with operating expenses thousands of dollars less than comparably sized 1960's and 70's properties.

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DISCLAIMER: 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 Team Dimmick | Keller Williams Realty Alaska Group 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. Listing information was last updated on: 2021-10-15T21:39:30.677.

www.teamdimmick.com/homes/121886801
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13496 Old Seward Highway Anchorage, AK 99515

  • Price: $2,265,000
  • Status: Active
  • Updated: 43 min ago
  • MLS #: 21-15337
2
Beds
21
Baths
0
½ Baths
0.78
Acres
7,140
SQFT
$317
$/SQFT
1970
Built
Neighborhood:
Dimond South
Area:
Dimond South
Elementary School:
Btv-Undiscl By Ll
Middle School:
Btv-Undiscl By Ll
High School:
Btv-Undiscl By Ll
Property Description
Attention Investors! South Anchorage 21plex, studs out rebuild in 2017! 2 story-20 unit building, all airy efficiency units (one built to ADA specs), a large 2 bed ranch home (with soaring 10 ft ceilings) with boiler and laundry service for the main building, detached 2 car garage. No stone left unturned, with new electrical, plumbing, roof, siding, windows, boilers, appliances, all cosmetics.Known as Beluga Flats (see the metal whale sign!), this property sits on nearly 34,000 square feet of buildable, high density zoning (B-3 zoning) and allows for both residential and commercial use. The parking lot is seal coated and painted. Loads of parking with the potential to build covered parking for extra income. This property is being offered for sale at $2,265,000 or a 6.65% cap rate based on profit and loss data. Take advantage of historically low commercial financing rates with commercial financing rates in the low to mid 4% range! Take advantage of the fact that this investment will have no significant deferred maintenance for years to come. Of the hundreds of commercial multifamily properties in Anchorage, this is one of the handful built in the last decade and it shows with operating expenses thousands of dollars less than comparably sized 1960's and 70's properties.
Exterior Features

Access Type MaintainedPaved Carport Spaces 0 Construction Type BlockWood Frame Exterior Finish MetalStucco Foundation Type BlockSlab Parking Spaces 24.00 Roof Type Rubber View Type Mountains Waterfront Access Near None Waterfront Frontage None

Interior Features

Fuel Type Natural Gas Heat Type Baseboard

Property Features

Assessed Value 24433.00 Borough Census Area 1A - Anchorage Municipality Builder Name Recycled Properties Construction Status Existing Structure Exp Annual 74920.00 Exp Elec Mo Avg 7440.00 Exp Gas Mo Avg 4980.00 Exp Insurance Yr Avg 6528.00 Exp Snow Yard Mo Avg 5004.00 Exp Wtr Swr Mo Avg 2856.00 Features Multifamily Smoke Detector(S)Tenant StorageWasher/Dryer Foreclosure Bank Owned No Income Gross Annual 233100.00 Multifamily Type Apartment Style New Finance Terms AhfcCashConventional Region 1 - Southcentral Alaska Region Sewer Type Public Sewer Units Efficiency 20 Units2 Bedroom 1 Vacancy Rate 1.00 Water Type Public Year Remodeled 2017.00 Year Updated 2017.00 Zoning B3 - General Business

Listing Office Buyers Real Estate, Llc. Copyright 2021 Alaska Multiple Listing Service, Inc. All rights reserved.
DISCLAIMER: 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 Team Dimmick | Keller Williams Realty Alaska Group 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. Listing information was last updated on: 2021-10-15T21:39:30.677.

 
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Team Dimmick | Keller Williams Realty Alaska Group
101 W. Benson Blvd Ste 503
Anchorage AK, 99503