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3424 Thompson Ave
Anchorage, AK 99508
Hillcrest Apartments · Multifamily Property For Sale · 30 Units

PROPERTY FACTS

No. Units 30
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.73 AC
Building Size 22,932 SF
No. Stories 3
Year Built/Renovated 1975/2017
Parking Ratio 2.01/1,000 SF
Zoning R3

ABOUT 3424 THOMPSON AVE , ANCHORAGE, AK 99508

This 30 unit investment property has been almost completely updated and has very little deferred maintenance left. Paired with strong occupancy rates and an assumable 5.25% interest loan that has very little loan fees, this property actually cash flows! The owner had converted 6 of the 20 units that were electric heat into gas and that has significantly reduced utility costs. Projected 12.85% ROI!

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 2 - 669
1+1 1 - 878
2+1 26 - 1,117
3+1 1 - 1,450

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00403557000
Land Assessment
$86,900
Improvements Assessment
$1,711,400
Total Assessment
$1,798,300
  • Listing ID: 13958453

  • Date on Market: 10/3/2018

  • Last Updated:

  • Address: 3424 Thompson Ave, Anchorage, AK 99508

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