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Map
$369,963*
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Multifamily -
Off Market
515 FAREWELL AVENUE
Fairbanks, AK 99701
Studio
0 Bath
3200 Sqft
$256,000 - $312,000
Reference Base Price*
29.86%
Since Feb 1, 2021
National-US
Primary Model
About This Property
Investors! Here is a rare opportunity to pick up a 6-plex near the
back gate of Ft. Wainwright. Owners report a low vacancy rate and
each unit rents out from $700 to $900 a month with tenants paying
their own electric in 4 out of the 6 units. A non-disclosure
agreement is required to release financial data and the CAP rate is
estimated to be in excess of 9%. If you are looking for an income
producing property in a great location, here it is! New furnace
2014 and new water heater 2018. Exterior grading and parking rails
with plug ins for vehicles in 2016.
The manager has listed the unit size as 3200 square feet.
The manager has listed the unit size as 3200 square feet.
Unit Size
3,200Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$89
Property Type
Multifamily
Property Taxes
$3,024
HOA Dues
-
Year Built
1963
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 12, 2021 | Sold to Brian J Kunkel, Maria Lourd... | $309,000 | |
| Sold to Brian J Kunkel, Maria Lourd... | |||
| Jan 17, 2021 | No longer available | - | |
| No longer available | |||
| Nov 8, 2020 | Relisted | $284,900 | |
| Relisted | |||
| Nov 7, 2020 | No longer available | - | |
| No longer available | |||
| Jun 30, 2020 | Listed | $284,900 | |
| Listed | |||
Property Highlights
515 FAREWELL AVENUE
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
01/20/2021
|
|
Studio
|
-
|
3200 ft²
|
$284,900
Studio
-
3200 ft²
|
-
-
|
-
|
-
|
|
06/30/2020
|
|
Studio
|
-
|
3200 ft²
|
$284,900
Studio
-
3200 ft²
|
-
-
|
-
|
-
|
|
09/18/2018
|
|
Studio
|
-
|
3200 ft²
|
-
Studio
-
3200 ft²
|
-
-
|
-
|
-
|
Building Info
