9000 Stephen Richards Memorial DrJuneau, AK 99801

Property Details for 9000 Stephen Richards Memorial Dr

Year built

1984

Property type

Mixed-use properties

Property subtype

Apartment buildings

Description

This exceptional Juneau, Alaska investment opportunity presents a two-story, 30-unit apartment building situated on a 41,075 square foot lot. Built in 1984, the property features 29 one-bedroom, one-bathroom apartments and a single efficiency unit, totaling 18,240 square feet of gross building area. The building benefits from a D-15 permitted zoning classification and enjoys a history of stable tenancy and consistent demand, providing a reliable income stream for investors. Long-term tenants contribute to low vacancy rates and predictable cash flow. The convenient location offers easy access to local amenities, including shops, schools, and recreational facilities, enhancing its appeal to renters. The property's well-maintained condition ensures a smooth transition for new ownership, minimizing potential disruptions. This multifamily, mixed-use property is offered at $3,200,000 and represents a compelling opportunity for investors seeking a stable and profitable addition to their portfolio. The property is located at 9000 Stephen Richards Memorial Dr, Juneau, AK 99801.

Location Insight

City

Juneau

County

Juneau

State

Alaska

Latitude

58.3824

Longitude

-134.578

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