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Property profile & analytics
FOR SALE
Garden apartment buildings
701 Bragaw St Anchorage, AK 99508-2629
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US02-0035165
For Sale
1 / 18
$640,000
701 Bragaw St, Anchorage, AK 99508-2629
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Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1976
Construction
WOOD FRAME
Total area
3,744 SF
Lot
0.16 ac (7,000 SF)
Zoning code
R3 MULTI-FAMILY
APN
005-055-36-000
UPID
US02-0035165
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$295k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$295k
Owner & transaction history
Juan Ortega · 3 yrs held
Juan Ortega
since 2023
7 recorded transactions
Zoning & alternative use
R3 MULTI-FAMILY · Anchorage, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Anchorage submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Anchorage submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$295,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$295k
Range $266k – $325k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$79 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,480
Tax year 2023
Assessed value
$380,500
Assessed 2023
Previous assessed
$380,500
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$99,400
Assessed improvement
$281,100
Land market value
$99,400
Improvement market value
$281,100
Total market value
$380,500
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
For Sale
Year built
1976
Construction
WOOD FRAME
Heating
HOT WATER
Cooling
NONE
Stories
1
Units
4
Total area
3,744 SF
Lot
0.16 ac (7,000 SF)
Zoning code
R3 MULTI-FAMILY
APN
005-055-36-000
UPID
US02-0035165
Jurisdiction
ANCHORAGE
Zoning & alternative use
R3 MULTI-FAMILY · Anchorage, AKZoning R3 MULTI-FAMILY · permitted uses
R3 MULTI-FAMILY · Anchorage, AK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1976
Construction
WOOD FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
4
Lot
0.16 ac
Current owner
From public records · entity-resolved
Juan Ortega
Individual
Mailing address
701 BRAGAW ST, ANCHORAGE, AK 99508-2629
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2023
—
Juan Ortega
Seirgio R Hernandez
Warranty Deed
$561,825 · Newrez LLC
Apr 26, 2021
—
Seirgio R Hernandez
—
Deed
related
$36,067 · Cenlar Fsb
Nov 30, 2015
—
Serigio R Hernandez
Montalbo Family Trust 2013
Warranty Deed
$451,176 · Alaska USA Mortgage Co LLC
Sep 25, 2013
—
Montalbo Family Trust 2013
Montalbo,todd J
Quit Claim Deed
related
—
May 23, 2012
—
Todd J Montalbo
Mulone Properties LLC
Quit Claim Deed
related
—
Aug 28, 2009
—
Mulone Properties LLC
Gilmore,randall & Anita
Warranty Deed
$286,455 · Hancock Family Trust (ct)
Jun 1, 2005
—
Randall Gilmore
Hancock,herbert W & Melanie L
Warranty Deed
$300,000 · Hancock Trust (tr)
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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