Investment opportunity in Anchorage! This 25-unit apartment complex at 610 Vista Glen Court features 25 apartment units, floor-to-ceiling windows, a private entrance, and elevator access. Owner-paid utilities, excluding cable and internet. Excellent opportunity for investors seeking a multifamily asset with rental income potential. Property contains eighteen (18) 1-bedroom units, six (6) 2-bedroom units, & a 3-bedroom penthouse. The 1-bedroom units are rented for $1,200/unit, the 2-bedroom units are rented for $1,400/unit, and the penthouse is rented for $2,800 per month. Expenses are estimated to be approx. $6,000/unit/year. The property also has an attached warehouse on-site and an office.
| MLS # | 26-13557 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Coming Soon |
| Year | 1964 |
| Days On Site | 8 |
| Listing Provided By | Jack White Commercial | Manny Rodriguez |
| Bed(s) | 33 |
|---|---|
| Bath(s) | 25 Total |
| SQ Feet | 27,189 |
| Units | 25 |
| Building(s) | 1 |
| Zoning | R4 - Multiple Family Residential |
| Acreage | 0.46 |
| Property View | Mountain(s) |
| Heating | Unknown |
|---|---|
| Heating Yes / No | Yes |
| Lot Features | Level |
|---|---|
| Foundation Details | Poured Concrete |
| Sewer | Public Sewer |
|---|
| Road Surface Type | Paved, Private, Maintained |
|---|---|
| Frontage Type | None |
| Tax Map Number | N/A |
|---|---|
| Tax Legal Description | Third Addition L14A B35A |
| State | AK |
|---|---|
| City | Anchorage |
| Zip Code | 99501 |
| Area | 1A Anchorage Municipality |
| Subarea | Downtown Anchorage |
| School District | BTV-Undiscl by LL |
| Elementary School | BTV-Undiscl by LL |
| High School | BTV-Undiscl by LL |
| Listing VS Median (in 99501) | |
Price: $2,750,000 low | high Med: $92,165 sqft: 27,189 low | high Med: 8,384 $ / sqft: $101 low | high Med: $91 On site: 8 low | high Med: 84 | |
| State | AK |
|---|---|
| City | Anchorage |
| Zip Code | 99501 |
| Area | 1A Anchorage Municipality |
| Subarea | Downtown Anchorage |
| School District | BTV-Undiscl by LL |
| Elementary School | BTV-Undiscl by LL |
| High School | BTV-Undiscl by LL |
| Listing VS Median (in 99501) | |
Price: $2,750,000 low | high Med: $92,165 sqft: 27,189 low | high Med: 8,384 $ / sqft: $101 low | high Med: $91 On site: 8 low | high Med: 84 | |