Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    197-199 Driftwood Way Unalaska, AK 99685

    • Apartment buildings
    • 8,252 SF
    • 0.59 lot acres
    For Sale
    View listing
    $1,250,000
    Value Estimation
    Location Intelligence

    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

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Unalaska
    County
    Aleutians West Census Area
    State
    Alaska
    Longitude
    -166.539
    Latitude
    53.8935
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    197-199 Driftwood Way
    Unalaska, AK 99685
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.