Residential Income
For Sale
Contact for pricing
4128 WRIGHT ST, Anchorage, AK 99508
For sale residential income multifamily property listed under other multifamily categories.
Property Size2,876 SF
Price / SF$253.48
Days on Market95
Property Features for 4128 WRIGHT ST
General Information
Standard status
Active
Size
2,876 SF
Property subtype
Multifamily
Building Details
Year Built
1962
Stories
2
Units
2
Listing Agency:
Chambers Real Estate Services - Intelligence
Listed By:
Jerrett Chambers · License #223988
(907) 565-5665
Source:
Crexi
Added: Jul 18
Changed: Oct 9
Last Checked: Oct 19 at 4:41AM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,967
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,340
$739.3K
Cap Rate 7%
$528,100
$528.1K
Cap Rate 9%
$410,744
$410.7K
Market Conditions
NOI Build-Up for 2,876 SF
Gross rent
$70.7K $24.60/SF
− Vacancy
−$3.5K −$1.23/SF
EGI
$67.2K $23.37/SF
− OpEx
−$30.2K −$10.52/SF
NOI
$37.0K $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%
$739,340
Cap Rate 7%
$528,100
Cap Rate 9%
$410,744
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 authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Demographics for 99508, AK
34,394
Population
14,219
Households
2.4
Avg Household Size
34
Median Age
28%
College-Educated
91%
High-School Grad
7.1 sq mi
ZIP Area
4,844
Density / Sq Mi
$72,751
Median Household Income
$40,937
Median Earnings
$1,353
Median Rent
$309,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
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
