Residential Income
4128 WRIGHT ST Anchorage, AK 99508
New
4128 WRIGHT ST, Anchorage, AK, 99508
Contact for pricing
For Sale
Contact for pricing
For sale residential income multifamily property listed under other multifamily categories.
Property Size2,876 SF
Price / SF$253.48
Days on Market4
Property Features for 4128 WRIGHT ST
General Information
- Standard status
- Active
- Size
- 2,876 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1962
Listing agency
Chambers Real Estate Services - Intelligence
(907) 565-5665
Listed by
Jerrett Chambers · License #223988
Source
Crexi
Added: Jul 18 Updated: Jul 20 at 6:30PM Checked: Jul 20 at 6:30PM
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 Chambers Real Estate Services - Intelligence
Investment Insights
Based on property information with market context.
This offering is categorized as a residential income multifamily property, also described under other multifamily properties. The asset is presented as “Residential,” and is being offered for sale.
The property is located at 4128 WRIGHT ST in Anchorage, AK, with a stated property size of 2,876. Additional details regarding unit count, layout, condition, and specific building features are not provided in the available information.
Interested parties should review the available materials and due diligence documentation to confirm the property’s configuration and operating details prior to making an investment decision.
The property is located at 4128 WRIGHT ST in Anchorage, AK, with a stated property size of 2,876. Additional details regarding unit count, layout, condition, and specific building features are not provided in the available information.
Interested parties should review the available materials and due diligence documentation to confirm the property’s configuration and operating details prior to making an investment decision.
Key Highlights
- Year built: 1962
- Property type: residential income multifamily
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.7k | $24.60 |
| − Vacancy | −$3.5k | −$1.23 |
| EGI | $67.2k | $23.37 |
| − OpEx | −$30.2k | −$10.52 |
| NOI | $37.0k | $12.85 |
2,876 SF · lease $24.60/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$528.1K
$462.1K – $616.1K
NOI $36,967 @ 7.0% cap · market cap 5.07%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$781.0K
$683.3K – $911.1K
NOI $54,667 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
Similar For Sale Nearby
FAQs
What type of property is this?
Multifamily property - For sale residential income multifamily property listed under other multifamily categories.
Where is this multifamily property located?
The property is located at 4128 WRIGHT ST Anchorage, AK.
What is the asking price?
The asking price for this property is $729,000.
What are key features of this property?
This property features: Year built: 1962; Property type: residential income multifamily
