Current Use by Public Records
- Alderwood Apartments / Apartment Building
Property Details for 9000 Stephen Richards Memorial Dr
- Year built
- 1984
- Property type
- Mixed-use properties
- Property subtype
- Apartment buildings
Description
This exceptional Juneau, Alaska investment opportunity presents a two-story, 30-unit apartment building situated on a 41,075 square foot lot. Built in 1984, the property features 29 one-bedroom, one-bathroom apartments and a single efficiency unit, totaling 18,240 square feet of gross building area. The building benefits from a D-15 permitted zoning classification and enjoys a history of stable tenancy and consistent demand, providing a reliable income stream for investors. Long-term tenants contribute to low vacancy rates and predictable cash flow. The convenient location offers easy access to local amenities, including shops, schools, and recreational facilities, enhancing its appeal to renters. The property's well-maintained condition ensures a smooth transition for new ownership, minimizing potential disruptions. This multifamily, mixed-use property is offered at $3,200,000 and represents a compelling opportunity for investors seeking a stable and profitable addition to their portfolio. The property is located at 9000 Stephen Richards Memorial Dr, Juneau, AK 99801.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Juneau
- County
- Juneau
- State
- Alaska
- Longitude
- -134.578
- Latitude
- 58.3824
