5-Unit Apartment
For Sale
$750,000
Pending
8100 Boundary Ave, Anchorage, AK 99504
Updated multifamily property with a larger owner’s residence, private yard, and separate laundry areas.
Property Size4,264 SF
Days on Market137
Property Features for 8100 Boundary Ave
General Information
Standard status
Pending
Size
4,264 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
minimal deferred maintenance
Units
Unit Mix
1 x 3BR/2.5BA, 4 x 2BR/1BA
Multifamily Units
5
Amenities
common laundry area
Building Details
Year Built
1976
Buildings
1
Listing Agency:
RE/MAX Dynamic Properties
Listed By:
Mary Cox · License #11792
(907) 440-9820
Source:
Seehomesinalaska
Added: May 25
Changed: Oct 1
Last Checked: Oct 7 at 12:57PM
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 RE/MAX Dynamic Properties
Investment Insights
Based on property information with market context.
Located at 8100 Boundary Ave in Anchorage, this 4,264-square-foot apartment property contains five units. The larger residence offers 3 bedrooms and 2.5 bathrooms, along with a private fenced yard, storage shed, and dedicated laundry. Four additional apartments provide 2-bedroom, 1-bath layouts and share a separate laundry area.
Every unit is individually metered for electricity. Property improvements include replacement windows completed around 2015, a roof installed in 2018, and a high-efficiency boiler and water heater added in 2019. The exterior was repainted and the balcony carpeting was replaced in 2025, providing a documented record of capital improvements across the building.
Every unit is individually metered for electricity. Property improvements include replacement windows completed around 2015, a roof installed in 2018, and a high-efficiency boiler and water heater added in 2019. The exterior was repainted and the balcony carpeting was replaced in 2025, providing a documented record of capital improvements across the building.
Key Highlights
- Five‑unit apartment property totaling 4,264 square feet
- Unit mix includes one 3‑bedroom, 2.5‑bath residence and four 2‑bedroom, 1‑bath apartments
- Owner’s unit includes a private fenced yard, storage shed, and dedicated laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,807
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,096,140
$1.1M
Cap Rate 7%
$782,957
$783.0K
Cap Rate 9%
$608,967
$609.0K
Market Conditions
NOI Build-Up for 4,264 SF
Gross rent
$104.9K $24.60/SF
− Vacancy
−$5.2K −$1.23/SF
EGI
$99.6K $23.37/SF
− OpEx
−$44.8K −$10.52/SF
NOI
$54.8K $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%
$1,096,140
Cap Rate 7%
$782,957
Cap Rate 9%
$608,967
Alternative Uses
Best Use
Apartment 5plus
$783.0K
$685.1K – $913.5K
NOI $54,807 @ 7.0% cap · market cap 7.31%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.16M
$1.01M – $1.35M
NOI $81,050 @ 7.0% cap · market cap 10.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Demographics for 99504, AK
42,375
Population
17,720
Households
2.4
Avg Household Size
34
Median Age
31%
College-Educated
91%
High-School Grad
36.8 sq mi
ZIP Area
1,151
Density / Sq Mi
$83,338
Median Household Income
$46,883
Median Earnings
$1,529
Median Rent
$309,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated multifamily property with a larger owner’s residence, private yard, and separate laundry areas.
Where is this apartment building located?
The property is located at 8100 Boundary Ave Anchorage, AK.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Five‑unit apartment property totaling 4,264 square feet; Unit mix includes one 3‑bedroom, 2.5‑bath residence and four 2‑bedroom, 1‑bath apartments; Owner’s unit includes a private fenced yard, storage shed, and dedicated laundry
