9000 Stephen Richards Memorial DrJuneau, AK 99801

This exceptional Juneau, Alaska investment opportunity presents a robust two-story, 30-unit apartment building situated on a 0.94-acre leased lot (41,075 square feet). The 18,240 square foot building comprises 29 one-bedroom, one-bathroom apartments and a single efficiency unit. The property boasts a proven track record of stable tenancy and consistent demand, ensuring a reliable income stream for the new owner. Long-term tenants contribute to low vacancy rates and predictable cash flow. The strategic location provides convenient access to local shops, schools, services, and recreational facilities, enhancing tenant appeal and minimizing turnover. Each unit is thoughtfully designed for comfortable living, maximizing space utilization and tenant satisfaction. The building's well-maintained structure and management history promise a smooth transition for the new owner, minimizing potential disruptions and maximizing immediate return on investment. This property offers a straightforward, lucrative addition to any investment portfolio seeking stable, consistent income generation in a desirable location. The asking price is $3,200,000.