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Juneau Apartment Building Investment Opportunity
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9000 Stephen Richards Memorial Dr, Juneau, AK 99801

Two-story apartment building with 30 units and stable tenancy.

Property Size18,240 SF
Lot Size0.94 Acres
Price / SF$175.44
Days on Market633

Property Features for 9000 Stephen Richards Memorial Dr

General Information

Standard status Active
Size 18,240 SF
Lot size 0.94 Acres
Property subtype Mixed Use, Multifamily
Zoning D15

Building Details

Year Built 1984
Listing Agency: Alaska Unlimited Realty
Listed By: Angie Nolan · License #AK 18175
Source: Crexi
Added: Nov 16, 2024 Changed: Aug 8 Last Checked: May 12 at 8:24PM

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 Alaska Unlimited Realty

Investment Insights

Based on property information with market context.

This two-story apartment building in Juneau, Alaska, presents an investment opportunity with a history of stable tenancy and consistent demand. The complex features 30 units, including 29 one-bedroom, one-bathroom apartments and one efficiency unit. The gross building area measures 18,240 square feet. The property is situated on 41,075 square feet of leased land. The location provides convenient access to local shops, schools, services, and recreational facilities. The property benefits from long-term tenants, offering a reliable income stream and limited vacancy rates. Each unit features a thoughtful layout and functional living spaces. The building's structure and management ensure a seamless transition for new owners.

Key Highlights

  • Stable, long‑term tenants provide a reliable income stream.
  • Features 30 units: 29 one‑bedroom, one‑bathroom apartments and 1 efficiency unit.
  • Gross building area of 18,240 square feet on a 41,075 square feet lot.

Property Analytics

Current Use

Alderwood Apartments Apartment Building

Location Intelligence

Demographics for 99801, AK

30,088
Population
13,045
Households
2.3
Avg Household Size
39
Median Age
40%
College-Educated
95%
High-School Grad
2,200.4 sq mi
ZIP Area
14
Density / Sq Mi
$101,141
Median Household Income
$50,989
Median Earnings
$1,468
Median Rent
$433,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story apartment building with 30 units and stable tenancy.
Where is this apartment building located?
The property is located at 9000 Stephen Richards Memorial Dr Juneau, AK.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Stable, long‑term tenants provide a reliable income stream.; Features 30 units: 29 one‑bedroom, one‑bathroom apartments and 1 efficiency unit.; Gross building area of 18,240 square feet on a 41,075 square feet lot.
(907) 321-9162 Call to check price and availability
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