2700 McRae Road, Anchorage, AK 99517 (MLS# 24-11650)
$1,750,000
Anchorage, AK 99517
MLS# 24-11650
Status: Closed
31 beds | 16 baths | 15571 sqft
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Property Description
This 8-unit community presents a prime investment opportunity for those seeking high returns, low operating expenses, and straightforward management. Gross annual income: $223K. Annual Op Ex: $56K. NOI: $166K. 4-bedroom units increasing to $2,500/mo upon lease expiration allows for increased ROI for an investor after acquisition. Property being sold as-is, where-is.
Details
Maps
Documents
Contract Info
Price-List: 1750000
Date-Listing: 2024-09-09
Status: Closed
Foreclosure/Bank Own: No
Sold Info
Date-Pending: 2024-12-03
Date-Closing: 2025-02-10
Location Tax and Legal
Area: 10 - Spenard
Street #: 2700
Street Name: McRae
Arterial: Road
Closest USPS Town: Anchorage
State: AK
Zip Code: 99517
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Beds: 31
Bathrooms Full: 16
Bathrooms Total: 16
Bldgs-Ttl #: 1
Year Built: 2009
SF-Res: 15571
Number of Units: 8
SF-Lot: 21320
Acres: 0.49
Garage Spaces: 16
Prkg Spcs: 12
Lot Area Source: Tax Authority
Zoning: R2M - Multi Family Residential
Directions and Remarks
Directions: Refer to Google Maps or any alternative maps application.
Building Info
Units-# of 3 BR: 1
Units- # of 4+ BR: 7
Property Features
Multi-Family Type: Side by Side; 5+ Units
Exterior Finish: Vinyl
Roof Type: Asphalt
Foundation Type: Block
Construction Type: Block; Wood Frame - 2x6
Garage Type: Tuck Under
Carport Type: None
Heating: Forced Air; Natural Gas
Sewer-Type: Public Sewer
Water Source: Public
Access Type: Dedicated Road; Paved; Maintained
View Type: Mountains
Topography: Level
Wtrfrnt-Frontage: Creek
Wtrfrnt-Access Near: None
Features-MultiFamily: In City Limits; Smoke Detector(s); Washer/Dryer
Flooring: Laminate; Luxury Vinyl
Docs Avl for Review: Lease
Listing Terms Financing: 1031 Exchange; AHFC; Cash; Conventional
Offering Memorandum 
Listing Office: Jack White Commercial
Last Updated: February - 10 - 2025
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.