Active

9000 Stephen Richards Memorial Drive

Juneau AK, 99801

$3,200,000


$175.44 per sqft

Active

18,240 sqft

Commercial

Built in 1984

Listed by Angela Nolan with Alaska Unlimited Realty

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.

24-14179

MLS ID

November 15, 2024

Listed

November 21, 2024

Updated

Map

9000 Stephen Richards Memorial Drive
Juneau AK, 99801

Interior Features

Total Stories

2


Floor Description

Carpet, Laminate, Linoleum


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

0.94 Acres


Roof

Metal


Sewer

Public Sewer

Other Property Details

Area Name

2B - Juneau Borough


Garage

No


View

No


Water Source

Public


Pool

No


Zoning

D15

Listing Contact:  

The IDX display contains information sourced from the Alaska Multiple Listing Service, Inc. (AK MLS) as of 11/21/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 11/21/2024 at 7:37 PM UTC

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