225 N Park Street, Anchorage, AK 99504
$1,375,000
Property Type:
Multi-Family
Bedrooms:
26
Baths:
15
Square Footage:
11,052
Lot Size (sq. ft.):
12,500
Status:
Closed
Current Price:
$1,375,000
Last Modified:
10/31/2025
Description
Priced at an 8.4% CAP this 14 unit investment property is a turn-key, money making operation from the start with a great property manager in place that would love to keep managing this building. Extensive improvement and capital expenditures have gone into this building to make it an easy to maintain investment for the next owner. Many of the units have been remodeled and updated. See pro forma.
More Information MLS# 25-7050
Contract Info
Price-List: 1375000
Date-Listing: 2025-06-10
Status: Closed
Foreclosure/Bank Own: No
Sold Info
Date-Pending: 2025-08-21
Date-Closing: 2025-10-31
Location Tax and Legal
Area: 50 - Post Rd - Glenn Hwy
Street #: 225
Directional: N
Street Name: Park
Arterial: Street
Closest USPS Town: Anchorage
State: AK
Zip Code: 99504
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Beds: 26
Bathrooms Full: 15
Bathrooms Total: 15
Bldgs-Ttl #: 1
Year Built: 1977
SF-Res: 11052
Number of Units: 14
SF-Lot: 12500
Acres: 0.29
Prkg Spcs: 18
Lot Area Source: Tax Authority
Zoning: R4 - Multiple Family Residential
Directions and Remarks
Directions: Commercial Dr to N Park Street, North to property on right
Mortgage Info
EM Minimum Deposit: 14000
Property Features
Multi-Family Type: Apartment Style; Multi Family
Foundation Type: Block
Construction Type: Wood Frame
Heating: Baseboard; Natural Gas
Sewer-Type: Public Sewer
Water Source: Public
Access Type: Paved; Maintained
Topography: Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
To Show: ShowingTime
Listing Terms Financing: AHFC; Cash; Conventional
Documents
Pro Forma ›Listing Office: Real Broker Alaska
Last Updated: October - 31 - 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.
