11-Unit Apartment
1335 Hyder St, Anchorage, AK 99501
For Sale
$875,000
Recent improvements include a replacement heating system, a new laundry facility, fresh paint, and appliances in most units.
Property Size5,674 SF
Price / SF$154.21
Days on Market51
Property Features for 1335 Hyder St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Cap Rate
Multifamily Units
Amenities
laundry facility
Building Details
Year Built
Listing Agency:
Real Broker Alaska
Listed By:
Kevin B Cross · License AK #17358
(907) 529-2289
Source:
Griggrealty
Added: Sep 24
Changed: Oct 25
Last Checked: Oct 7 at 5:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker Alaska
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 11-unit apartment property contains 5,674 square feet and dates to 1951. Improvements include a new heating system and laundry facility, updated paint, and appliances in most apartments. Professional management is in place, and the property reports a 9% cap rate.
The building is located at 1335 Hyder St in Anchorage, Alaska.
The building is located at 1335 Hyder St in Anchorage, Alaska.
Key Highlights
- 11 apartments totaling 5,674 square feet
- 9% cap rate
- Built in 1951
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,931
Cap Rate
8.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,458,620
$1.5M
Cap Rate 7%
$1,041,871
$1.0M
Cap Rate 9%
$810,344
$810.3K
Market Conditions
NOI Build-Up for 5,674 SF
Gross rent
$139.6K $24.60/SF
− Vacancy
−$7.0K −$1.23/SF
EGI
$132.6K $23.37/SF
− OpEx
−$59.7K −$10.52/SF
NOI
$72.9K $12.85/SF
Area
Anchorage, AK
Vacancy
5.00%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,458,620
Cap Rate 7%
$1,041,871
Cap Rate 9%
$810,344
Alternative Uses
Best Use
Apartment 5plus
$1.04M
$911.6K – $1.22M
NOI $72,931 @ 7.0% cap · market cap 8.33%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.54M
$1.35M – $1.80M
NOI $107,851 @ 7.0% cap · market cap 12.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
11
Residential units
Location Intelligence
Demographics for 99501, AK
18,590
Population
8,906
Households
2.1
Avg Household Size
38
Median Age
40%
College-Educated
92%
High-School Grad
6.7 sq mi
ZIP Area
2,775
Density / Sq Mi
$69,591
Median Household Income
$43,542
Median Earnings
$1,181
Median Rent
$378,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Recent improvements include a replacement heating system, a new laundry facility, fresh paint, and appliances in most units.
Where is this apartment building located?
The property is located at 1335 Hyder St Anchorage, AK.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 11 apartments totaling 5,674 square feet; 9% cap rate; Built in 1951
