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


$3,200,000
3397 Belwood Street
Salcha, AK 99714
MLS# 22-11953
Status: Closed
41768 sqft

Save listing


Property 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

Details
Contract Info
Price-List: 3200000
Date-Listing: 2021-04-30
Status: Closed
Commission Type: %
Commission to SO: 2.5
Foreclosure/Bank Own: No
Sold Info
Date-Pending: 2021-09-20
Date-Closing: 2022-05-03
Location, Tax and Legal
Region: 3 - Interior & North Alaska Regions - All
Borough/Census Area: 3C - Fairbanks North Star Borough
Area: 765 - Salcha
Street #: 3397
Street Name: Belwood
Arterial: Street
Closest USPS Town: Salcha
State: AK
Zip Code: 99714
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Taxes (Estimated): 49982.1
Legal: 2S 3E S28 Tr A-1, B-1, C - D
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
Property Features
Construction Type: Wood Frame
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 Building to remain on property after connection to North Pole City Water. Staff includes an on-site manager, one maintenance personnel and a cleaner. All units are nicely maintained and the grounds are in superb condition. On-site maintenance shop makes for quick work of any needed repair. The on-site laundry room is clean and tidy and has 5 coin-operated washers and dryers for tenant needs. Rent roll shows outstanding high occupancy rates with minimal, if any, vacancies. Financials and Analysis package available upon request with signed non-disclosure and proof Financial Eligibility to purchase. Great opportunity for adding additional rental units or storage units on the south side of the parcel, Lot 11 Block 2 Frito Sub is to Convey with the Sale.

Listing Office: Non-Member Office

Last Updated: August - 24 - 2022

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

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.

WordPress Themes