197-199 Driftwood Way Unalaska, AK 99685
- Apartment buildings
- 8,252 SF
- 0.59 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 197-199 Driftwood Way
- Year built
- 1991
- Lot size
- 0.59 lot acres
- Property size
- 8,252 SF
- Property type
- Apartment buildings
Description
This exceptional multifamily investment opportunity presents two townhouse-style fourplexes situated on a spacious 0.59-acre lot in Unalaska, Alaska. Boasting stunning views, the property comprises eight units within two buildings, totaling 8,252 square feet. Constructed in 1991, this well-maintained complex currently enjoys 100% occupancy, demonstrating a strong rental history. The owner has consistently invested in upgrades and improvements to both the interior and exterior of the units over the years, ensuring high-quality accommodations for tenants. The property includes ample parking with 10 spaces available. The convenient location at 197/199 Driftwood Way, Unalaska, AK 99685, offers residents easy access to local amenities. This institutional-grade investment is offered at $1,250,000 and features a ground lease. The property's APN is 0110130. The zoning is currently unknown (UNK). This is a remarkable opportunity for investors seeking a stable, high-performing multifamily asset in a desirable location. Note that this property is also available as part of a larger package deal (MLS #23-14076).
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Unalaska
- County
- Aleutians West Census Area
- State
- Alaska
- Longitude
- -166.539
- Latitude
- 53.8935