Six-Unit Apartment
For Sale
$942,500
810 W 25th Ave, Anchorage, AK 99503
Anchorage multifamily property with laundry, paved parking, and a fenced yard.
Property Size6,552 SF
Price / SF$143.85
Days on Market87
Property Features for 810 W 25th Ave
General Information
Standard status
Active
Size
6,552 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
6
Amenities
on-site laundry
paved parking
fenced yard
Building Details
Year Built
1965
Listing Agency:
Real Broker Alaska
Listed By:
Nyeem Johnson · License #191032
(907) 744-6604
Source:
Griggrealty
Added: Jul 25
Changed: Oct 5
Last Checked: Oct 7 at 2:21PM
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
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Investment Insights
Based on property information with market context.
This six-unit apartment building at 810 W 25th Ave in Anchorage was constructed in 1965 and contains 6,552 square feet. Property features include on-site laundry, paved parking, and a fenced yard. Seller-reported improvements include the roof, windows, boiler, exterior paint, exterior and apartment doors, and unit interiors.
The property is offered separately or together with the neighboring 824 W 25th Ave. Current rent roll and expense information are available for review. Buyers are responsible for verifying rents, expenses, leases, square footage, zoning, condition, financing, and investment returns.
The property is offered separately or together with the neighboring 824 W 25th Ave. Current rent roll and expense information are available for review. Buyers are responsible for verifying rents, expenses, leases, square footage, zoning, condition, financing, and investment returns.
Key Highlights
- Six‑unit apartment building with 6,552 square feet
- Built in 1965
- On‑site laundry and paved parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,216
Cap Rate
8.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,684,320
$1.7M
Cap Rate 7%
$1,203,086
$1.2M
Cap Rate 9%
$935,733
$935.7K
Market Conditions
NOI Build-Up for 6,552 SF
Gross rent
$161.2K $24.60/SF
− Vacancy
−$8.1K −$1.23/SF
EGI
$153.1K $23.37/SF
− OpEx
−$68.9K −$10.52/SF
NOI
$84.2K $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%
$1,684,320
Cap Rate 7%
$1,203,086
Cap Rate 9%
$935,733
Alternative Uses
Best Use
Apartment 5plus
$1.20M
$1.05M – $1.40M
NOI $84,216 @ 7.0% cap · market cap 8.94%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.78M
$1.56M – $2.08M
NOI $124,540 @ 7.0% cap · market cap 13.21%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
6
Residential units
Location Intelligence
Demographics for 99503, AK
13,550
Population
7,411
Households
1.8
Avg Household Size
36
Median Age
30%
College-Educated
91%
High-School Grad
20.7 sq mi
ZIP Area
655
Density / Sq Mi
$76,888
Median Household Income
$46,734
Median Earnings
$1,185
Median Rent
$316,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Anchorage multifamily property with laundry, paved parking, and a fenced yard.
Where is this apartment building located?
The property is located at 810 W 25th Ave Anchorage, AK.
What is the asking price?
The asking price for this property is $942,500.
What are key features of this property?
This property features: Six‑unit apartment building with 6,552 square feet; Built in 1965; On‑site laundry and paved parking
