9000 Stephen Richards Memorial Drive, Juneau, AK 99801 (MLS# 24-14179)


$3,200,000
9000 Stephen Richards Memorial Drive
Juneau, AK 99801
MLS# 24-14179
18240 sqft

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9000 Stephen Richards Memorial Drive, Juneau, AK 99801
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Property Description
Introducing an exceptional investment opportunity in Juneau, Alaska—a robust two-story apartment building with a proven track record of stable tenancy and consistent demand. This impressive two-story apartment complex offers 30 units, including 29 cozy one-bedroom, one-bathroom apartments and a charming efficiency unit.

Details
Maps
Contract Info
Price-List: 3200000
Date-Listing: 2024-11-15
Status: Active
Foreclosure/Bank Own: No
Location Tax and Legal
Area: 510 - Mendenhall Valley
Street #: 9000
Street Name: Stephen Richards Memorial
Arterial: Drive
Closest USPS Town: Juneau
State: AK
Zip Code: 99801
Property Info
Type of Property: Single Use
Realtor.com Type: Commercial
Construction Status: Existing Structure
Building Status: Leased
% of Space Leased: 100
Acres: 0.94
SF-Lot: 41075
Lot Area Source: Previous Appraisal
SF-Res: 18240
Floors: 2
Zoning: D15 - Multi-Family
Year Built: 1984
Building Info
Building Name: Alderwood Apartments
Property Features
Primary Space: Condo
Heating: Baseboard
Roof Type: Metal
Flooring: Carpet; Laminate; Linoleum
Walls: Sheetrock
Sewer: Public Sewer
Water Source: Public
Supplements
With a generous gross building area of 18,240 square feet, this property is a testament to smart space utilization and comfortable living. Situated on a spacious 41,075 square feet of leased land, this complex boasts long-term tenants, providing stable income potential for savvy investors. The building is strategically located, ensuring convenience for all tenants with easy access to local shops, schools, services, and recreational facilities, adding to the already considerable appeal for prospective renters seeking a blend of community and privacy. With the assurance of long-term tenants, this property presents a reliable income stream and limited vacancy rates, making it a particularly attractive option for investors aiming for a straightforward, lucrative addition to their portfolio. Each unit in the building reflects a commitment to maximizing tenant satisfaction, characterizing a thoughtful layout and functional living spaces. The building's structure and management have been upheld to ensure that new owners can anticipate minimal upheaval and a seamless transition.

Listing Office: Alaska Unlimited Realty

Last Updated: June - 27 - 2025

9000 Stephen Richards Memorial Drive, Juneau, AK 99801 - MLS# 24-14179

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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