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513 E 15th Ter 11 Unit Apartment Building For Sale Anchorage, AK 99501
Investment Highlights
- Prime downtown location with strong rental demand and long-term appreciation potential.
- Five-car garage and abundant tenant storage, providing valuable amenities that enhance tenant retention and property appeal.
- Enclosed, south-facing backyard offering an attractive shared outdoor amenity.
- Expansive penthouse owner/manager residence featuring vaulted beamed ceilings, a sunroom, and a private south-facing rooftop deck.
- On-site laundry facility with capacity to add additional washers and dryers, creating potential for increased ancillary income.
- Multiple income streams with opportunities to enhance cash flow through operational improvements.
Executive Summary
Premier Downtown Investment Opportunity!!
Exceptional downtown income property offering strong cash-flow potential and a standout owner's residence. The expansive penthouse manager/owner's suite features stunning beamed ceilings, a bright sunroom, and an impressive south-facing rooftop deck—perfect for relaxing or entertaining while enjoying abundant natural light.
Designed with both investors and tenants in mind, the property includes a spacious five-car garage, generous tenant storage, and an on-site laundry room with room to add additional washers and dryers for increased income potential. An enclosed, south-facing backyard provides a private outdoor space that enhances tenant appeal.
A rare opportunity to own a well-appointed investment property that combines premium owner accommodations with desirable tenant amenities in an exceptional downtown location.
Exceptional downtown income property offering strong cash-flow potential and a standout owner's residence. The expansive penthouse manager/owner's suite features stunning beamed ceilings, a bright sunroom, and an impressive south-facing rooftop deck—perfect for relaxing or entertaining while enjoying abundant natural light.
Designed with both investors and tenants in mind, the property includes a spacious five-car garage, generous tenant storage, and an on-site laundry room with room to add additional washers and dryers for increased income potential. An enclosed, south-facing backyard provides a private outdoor space that enhances tenant appeal.
A rare opportunity to own a well-appointed investment property that combines premium owner accommodations with desirable tenant amenities in an exceptional downtown location.
Property Facts
| Sale Type | Investment | Building Class | C |
| Sale Condition | 1031 Exchange | Lot Size | 0.24 AC |
| No. Units | 11 | Building Size | 9,425 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1965 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R4 | ||
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 9,425 SF |
| No. Stories | 3 |
| Year Built | 1965 |
| Opportunity Zone |
Yes |
| Zoning | R4 |
Amenities
- Smoke Detector
Unit Amenities
- Balcony
- Cable Ready
- Dishwasher
- Fireplace
- Storage Space
- Heating
- Kitchen
- Sunroom
- Carpet
- Yard
- Deck
- Family Room
- Smoke Free
- Vinyl Flooring
Site Amenities
- Fenced Lot
- Laundry Facilities
- Smoke Free
- Walking/Biking Trails
- Sundeck
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1.5 | 11 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
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513 E 15th Ter
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