Active

9000 Stephen Richards Memorial Drive

Juneau AK, 99801

$3,200,000


Active

Commercial

Built in 1984

Introducing an exceptional investment opportunity in Juneau, Alaska--a robust two-story apartment building with a proven track record of stable tenancy and consistent demand. This impressive two-story apartment complex offers 30 units, including 29 cozy one-bedroom, one-bathroom apartments and a charming efficiency unit. With a generous gross building area of 18,240 square feet, this property is a testament to smart space utilization and comfortable living. Situated on a spacious 41,075 square feet of leased land, this complex boasts long-term tenants, providing stable income potential for savvy investors. The building is strategically located, ensuring convenience for all tenants with easy access to local shops, schools, services, and recreational facilities, adding to the already considerable appeal for prospective renters seeking a blend of community and privacy. With the assurance of long-term tenants, this property presents a reliable income stream and limited vacancy rates, making it a particularly attractive option for investors aiming for a straightforward, lucrative addition to their portfolio. Each unit in the building reflects a commitment to maximizing tenant satisfaction, characterizing a thoughtful layout and functional living spaces. The building's structure and management have been upheld to ensure that new owners can anticipate minimal upheaval and a seamless transition.

24826

MLS ID

November 15, 2024

Listed

November 15, 2024

Updated

Map

9000 Stephen Richards Memorial Drive
Juneau AK, 99801

Interior Features

Floor Description

Laminate Flooring, Carpet, Tile


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Roof

Metal


Sewer

Public Water

Other Property Details

Area Name

MENDENHAL VL


Garage

No


View

No


Pool

No


Zoning

D-15

Courtesy of Alaska Unlimited Realty, Angie Nolan

Listing Contact:  

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