567 Friends Way, Kotzebue, AK 99752

$3,000,000
Property Type: Multi-Family Bedrooms: 21 Baths: 22 Square Footage: 11,568 Lot Size (sq. ft.): 20,474 Status: Active
Current Price: $3,000,000 Last Modified: 5/21/2026

Description

Unique State of Alaska backed lease. This is the State Trooper housing for much of western Alaska. All units are 3 br with 2.5 baths.. Lease term expires in 2038. 2% bumps starting March 2026. Utilities and light maintenance paid by State. Price at 8.8% Capitalization rate. Package available upon request.

More Information MLS# 25-2452

Contract Info

Price-List: 3000000 Date-Listing: 2025-03-10 Status: Active Foreclosure/Bank Own: No

Location Tax and Legal

Area: 830 - Northwest Arctic Borough - All Street #: 567 Street Name: Friends Arterial: Way Closest USPS Town: Kotzebue State: AK Zip Code: 99752

Property Info

Realtor.com Type: Multi-Family Construction Status: Existing Structure Beds: 21 Bathrooms Half: 7 Bathrooms Full: 15 Bathrooms Total: 22 Bldgs-Ttl #: 7 Year Built: 2003 SF-Res: 11568 Number of Units: 7 SF-Lot: 20474 Acres: 0.47 Prkg Spcs: 14 Lot Area Source: Other Zoning: UNK - Unknown

Directions and Remarks

Directions: Located at 567 Friends Way, Kotzebue

Building Info

Units-# of 3 BR: 7

Property Features

Multi-Family Type: Apartment Style Exterior Finish: Wood Foundation Type: Other Heating: Oil Sewer-Type: Public Sewer Water Source: Public Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None
Listing Office: RE/MAX Dynamic Properties
Last Updated: May - 21 - 2026
567 Friends Way, Kotzebue, AK 99752- MLS# 25-2452
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.