Property profile

8040 Boundary Ave Anchorage, AK 99504

OFF-MARKET
Garden apartment buildings
Property ID
US02-0021677
10,080 SF 0.27 ac lot Built 1968
Entity Owned 17-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1968
Construction WOOD FRAME
Total area 10,080 SF
Lot 0.27 ac (11,770 SF)
Zoning code R3 MULTI-FAMILY
APN 006-041-08-000
UPID US02-0021677

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8040 Boundary Ave Anchorage, AK 99504-1444
Anchorage metro Census 703 ANCHORAGE, AK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
by Request
Comparable Approach Comparable
$659k
Blend (final) Blend
$440k

Owner & transaction history

since 2009
5 recorded transactions
2009
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R3 MULTI-FAMILY · Anchorage, AK
Top alternative use upside
Medical building $825,000 +8.3%
Office building $770,000 +1.4%
Auto repair, garage $765,000 +0.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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