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Property profile & analytics
OFF-MARKET
Mixed-use properties

9000 Stephen Richards Memorial Dr Juneau, AK 99801

Built 1984
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Year built 1984
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Alderwood Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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