3397 Belwood Street, Salcha, AK 99714 (MLS# 22-11953)

3397 Belwood Street, Salcha, AK 99714

$3,200,000
Property Type: Commercial Sale Square Footage: 41,768 Lot Size (sq. ft.): 281,029 Status: Closed
Current Price: $3,200,000 Last Modified: 8/27/2024

Overview

Description

70 Unit, 2 bedroom 1 bath, Apartment Complex on nearly 6.5 acres with significant capital upgrades. Vacancy Rates are consistently low with a current waiting list for new tenants. Consistently High Cap Rate under the current Ownership and Management. Great investment opportunity. Capital upgrades include three new Buderus Boilers with Tekmar controller (2006), Hot water maker (2009), Fuel-Saving

Supplements: Coal boiler (2009),Engineered Septic System and leach field (2003), New Well system (2005) with Complex to be connected to North Pole City Water soon, Improved Dryer Ducting (2007), and Exterior Paint (2008), New Class C Septic System recently completed with two leach fields and Water Treatment Facility Building completed (paid for by DOD) with Bui ...

Listing Details MLS# 22-11953

Contract Info

Price-List
3200000
Date-Listing
2021-04-30
Foreclosure/Bank Own
No

Sold Info

Date-Pending
2021-09-20
Date-Closing
2022-05-03

Location Tax and Legal

Area
765 - Salcha
Street #
3397
Street Name
Belwood
Arterial
Street
Closest USPS Town
Salcha
State
AK
Zip Code
99714

Property Info

Type of Property
Single Use
Realtor.com Type
Commercial
Construction Status
Existing Structure
Acres
6.45
SF-Lot
281029
Lot Area Source
Other
SF-Res
41768
Zoning
UNK - Unknown

Location, Tax and Legal

Region
3 - Interior & North Alaska Regions - All
Borough/Census Area
3C - Fairbanks North Star Borough
Grid # (Muni Anch)
N/A
Tax Map #-Mat-Su
N/A
Legal
2S 3E S28 Tr A-1, B-1, C - D
Taxes (Estimated)
49982.1

Construction Type

Wood Frame
Yes

More Information

Property Features

Construction Type: Wood Frame
Listing Office: Non-Member Office
IDX
Last Updated: August - 27 - 2024
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 the site owner are marked with 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. Site contains live data.

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