Skip To Content

    13496 Old Seward Highway

    Anchorage, AK 99515
    • $2,265,000
    • STATUS: Active
    • ON SITE: 20 Days
    • MLS #: 21-15337
    UPDATED: 57 min ago
    $2,265,000
    • 2
      BEDS
    • 0.78
      ACRES
    • 21
      BATHS
    • 0
      1/2 BATHS
    • 7,140
      SQFT
    • $317
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1970
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Attention Investors! South Anchorage 21plex, studs out rebuild in 2017! 2 story-20 unit building, all airy efficiency units (one built to ADA specs), a large 2 bed ranch home (with soaring 10 ft ceilings) with boiler and laundry service for the main building, detached 2 car garage. No stone left unturned, with new electrical, plumbing, roof, siding, windows, boilers, appliances, all cosmetics.Known as Beluga Flats (see the metal whale sign!), this property sits on nearly 34,000 square feet of buildable, high density zoning (B-3 zoning) and allows for both residential and commercial use. The parking lot is seal coated and painted. Loads of parking with the potential to build covered parking for extra income. This property is being offered for sale at $2,265,000 or a 6.65% cap rate based on profit and loss data. Take advantage of historically low commercial financing rates with commercial financing rates in the low to mid 4% range! Take advantage of the fact that this investment will have no significant deferred maintenance for years to come. Of the hundreds of commercial multifamily properties in Anchorage, this is one of the handful built in the last decade and it shows with operating expenses thousands of dollars less than comparably sized 1960's and 70's properties.

    Monthly Payment Calculator

    DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Keller Williams Realty Alaska Group are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing information was last updated on: 2021-10-19T22:39:10.527.

    www.synergyhometeam.com/homes/121886801
    Print Image

    13496 Old Seward Highway Anchorage, AK 99515

    • Price: $2,265,000
    • Status: Active
    • Updated: 57 min ago
    • MLS #: 21-15337
    2
    Beds
    21
    Baths
    0
    ½ Baths
    0.78
    Acres
    7,140
    SQFT
    $317
    $/SQFT
    1970
    Built
    Neighborhood:
    Dimond South
    Area:
    Dimond South
    Elementary School:
    Btv-Undiscl By Ll
    Middle School:
    Btv-Undiscl By Ll
    High School:
    Btv-Undiscl By Ll
    Property Description
    Attention Investors! South Anchorage 21plex, studs out rebuild in 2017! 2 story-20 unit building, all airy efficiency units (one built to ADA specs), a large 2 bed ranch home (with soaring 10 ft ceilings) with boiler and laundry service for the main building, detached 2 car garage. No stone left unturned, with new electrical, plumbing, roof, siding, windows, boilers, appliances, all cosmetics.Known as Beluga Flats (see the metal whale sign!), this property sits on nearly 34,000 square feet of buildable, high density zoning (B-3 zoning) and allows for both residential and commercial use. The parking lot is seal coated and painted. Loads of parking with the potential to build covered parking for extra income. This property is being offered for sale at $2,265,000 or a 6.65% cap rate based on profit and loss data. Take advantage of historically low commercial financing rates with commercial financing rates in the low to mid 4% range! Take advantage of the fact that this investment will have no significant deferred maintenance for years to come. Of the hundreds of commercial multifamily properties in Anchorage, this is one of the handful built in the last decade and it shows with operating expenses thousands of dollars less than comparably sized 1960's and 70's properties.
    Exterior Features

    Access Type MaintainedPaved Carport Spaces 0 Construction Type BlockWood Frame Exterior Finish MetalStucco Foundation Type BlockSlab Parking Spaces 24.00 Roof Type Rubber View Type Mountains Waterfront Access Near None Waterfront Frontage None

    Interior Features

    Fuel Type Natural Gas Heat Type Baseboard

    Property Features

    Assessed Value 24433.00 Borough Census Area 1A - Anchorage Municipality Builder Name Recycled Properties Construction Status Existing Structure Exp Annual 74920.00 Exp Elec Mo Avg 7440.00 Exp Gas Mo Avg 4980.00 Exp Insurance Yr Avg 6528.00 Exp Snow Yard Mo Avg 5004.00 Exp Wtr Swr Mo Avg 2856.00 Features Multifamily Smoke Detector(S)Tenant StorageWasher/Dryer Foreclosure Bank Owned No Income Gross Annual 233100.00 Multifamily Type Apartment Style New Finance Terms AhfcCashConventional Region 1 - Southcentral Alaska Region Sewer Type Public Sewer Units Efficiency 20 Units2 Bedroom 1 Vacancy Rate 1.00 Water Type Public Year Remodeled 2017.00 Year Updated 2017.00 Zoning B3 - General Business

    Listing Office Buyers Real Estate, Llc. Copyright 2021 Alaska Multiple Listing Service, Inc. All rights reserved.
    DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Keller Williams Realty Alaska Group are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing information was last updated on: 2021-10-19T22:39:10.527.

     
    https://bt-photos.global.ssl.fastly.net/alaska/1280_boomver_2_21-15337-2.jpg https://bt-photos.global.ssl.fastly.net/alaska/1280_boomver_2_21-15337-2.jpg https://bt-photos.global.ssl.fastly.net/alaska/1280_boomver_2_21-15337-2.jpg
    Logo
    Keller Williams Realty Alaska Group
    621 S. Knik Goose Bay Road
    Wasilla AK, 99654