Fairbanks Multi-Family Investment Property
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Financial Details
- Asking Price:
- $5,200,000
- Annual Revenue:
- $625,000
- Profit Metric:
- NOI
- Location:
- Fairbanks, AK, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Prime downtown Fairbanks location with a 34-unit complex.
Strong income generation potential with a proven track record and high cap rate (over 8%).
Recently upgraded exterior (roofs, paint, decks) ensuring durability and appeal.
Description
This is an exceptional investment opportunity located in the heart of downtown Fairbanks, Alaska. The offering includes a well-maintained 34-unit multi-family complex, built in 1972, situated in a prime location. Recent exterior upgrades, such as new roofs, fresh paint, and updated decks, enhance the property's appeal and longevity. The complex boasts a proven history of strong financial performance, offering high income generation with minimal operational expenses, highlighted by an impressive cap rate exceeding 8%. This property is ideal for investors looking to expand their portfolio or enter the Fairbanks real estate market with a stable and profitable asset. Proof of funds is required for showings.
Industry Information
- Industry Description:
- Multi-Family Real Estate Investment
- Classification:
- Building & Construction
Operational Snapshot
- Year Established:
- 1972
Real Estate & Lease
- Status:
- Owned
Broker Contact
- Name:
- Stacy Harvill
- Company:
- Walden Home Group
- Phone:
- 855-667-0321
Listing Details
- Listing ID:
- c26b1961-504f-470c-8b4b-75c6050dab81
- Source Listing ID:
- 2324087
- Deal Status:
- For Sale
- Last Updated:
- September 15, 2025
- Currency:
- USD
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