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3925 E 9th Ave 6 Unit Apartment Building Offered at $665,000 Anchorage, AK 99508
Investment Highlights
- Turnkey Investment – Many major updates already completed, reducing immediate capital expenses.
- Secure, Professionally Managed Property – Well-maintained and easy to own.
- Recent Capital Improvements – Commercial-grade LVT flooring, LED lighting, newer boiler and sidearm, and fresh paint.
- Prime Location – Convenient access to the Glenn Highway, JBER, shopping, schools, and major employers.
- 6 Total Units – Five spacious 3BR/1.5BA units and one 2BR/1BA unit.
- Convenient Amenities Nearby – Close to parks, retail, dining, and everyday services.
Executive Summary
Exceptional investment opportunity! This secure, professionally managed 6-unit multifamily property delivers strong cash flow with an impressive 9% cap rate. The property features five spacious 3-bedroom, 1.5-bath units and one 2-bedroom, 1-bath unit. Recent upgrades include commercial-grade LVT flooring, LED lighting, a newer boiler and sidearm, fresh interior paint, and a profitable coin-op laundry. Unit 3 is currently being remodeled, offering additional value-add potential. Conveniently located near the Glenn Highway and JBER, this is a turnkey investment in a highly desirable location.
Property Facts
| Price | $665,000 | Lot Size | 0.16 AC |
| Price Per Unit | $110,833 | Building Size | 7,360 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Zoning | R3 - Multiple Family Residential | ||
| Price | $665,000 |
| Price Per Unit | $110,833 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Lot Size | 0.16 AC |
| Building Size | 7,360 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Zoning | R3 - Multiple Family Residential |
Amenities
- Smoke Detector
Unit Amenities
- Cable Ready
- Storage Space
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Carpet
- Dining Room
- Family Room
- Smoke Free
Site Amenities
- Laundry Facilities
- Wheelchair Accessible
- Smoke Free
- Storage Space
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1.5 | 5 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Very bikeable
80/100
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Contact the Sale Advisor
3925 E 9th Ave