622 11TH AVENUE 632 11th Ave, 635 & 639 10th Ave, Fairbanks, AK 99701
sale
$5,200,000
|
Other
Courtesy Of Walden Home Group
Investment Opportunity in the Heart of Downtown Fairbanks! Don t miss this rare chance to own a 34-unit complex ideally located in the vibrant core of downtown Fairbanks. This property has been thoughtfully maintained with recent exterior upgrades, including new roofs, fresh paint, updated decks, and improved foundation flashing, ensuring long-term durability and appeal. With a proven track record of strong performance, these units offer high income generation with minimal expenses. Investors will appreciate the impressive cap rate of over 8%, making this an exceptional addition to any portfolio. Whether you re looking to expand your holdings or enter the Fairbanks market with a rock-solid investment, this property checks all the boxes. Bring your investors opportunities like this don t last long!
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Virtual Tour
Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Exterior Type: See Remarks
- Exterior Type: Other
- Heating System: Baseboard
- Heating System: Hot Water (Heating)
- MLSID: 158581
- Parking Spaces: 32
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