9000 Stephen Richards Memorial Drive, Juneau, AK 99801

$3,200,000
Property Type: Commercial Sale Square Footage: 18,240 Lot Size (sq. ft.): 41,075 Status: Active
Current Price: $3,200,000 Last Modified: 6/27/2025

Description

Introducing an exceptional investment opportunity in Juneau, Alaska—a robust two-story apartment building with a proven track record of stable tenancy and consistent demand. This impressive two-story apartment complex offers 30 units, including 29 cozy one-bedroom, one-bathroom apartments and a charming efficiency unit.

Supplements: With a generous gross building area of 18,240 square feet, this property is a testament to smart space utilization and comfortable living. Situated on a spacious 41,075 square feet of leased land, this complex boasts long-term tenants, providing stable income potential for savvy investors. The building is strategically located, ensuring convenience for all tenants with easy access to local shops, schools, services, and recreational facilities, adding to the already considerable appeal for prospective renters seeking a blend of community and privacy. With the assurance of long-term tenants, this property presents a reliable income stream and limited vacancy rates, making it a particularly attractive option for investors aiming for a straightforward, lucrative addition to their portfolio. Each unit in the building reflects a commitment to maximizing tenant satisfaction, characterizing a thoughtful layout and functional living spaces. The building's structure and management have been upheld to ensure that new owners can anticipate minimal upheaval and a seamless transition.

More Information MLS# 24-14179

Contract Info

Foreclosure/Bank Own: No Price-List: 3200000 Date-Listing: 2024-11-15 Status: Active

Location, Tax and Legal

Region: 2 - Southeast Alaska Region Borough/Census Area: 2B - Juneau Borough Grid # (Muni Anch): N/A Tax Map #-Mat-Su: N/A Legal: Marsh Tr A & B according to Plat 321, Records of the Juneau Recording District, First Judicial District

Property Info

Realtor.com Type: Commercial Construction Status: Existing Structure Building Status: Leased % of Space Leased: 100 Acres: 0.94 SF-Lot: 41075 Lot Area Source: Previous Appraisal Zoning: D15 - Multi-Family Floors: 2 Type of Property: Single Use SF-Res: 18240 Year Built: 1984

Building Info

Building Name: Alderwood Apartments

Primary Space

Condo: 1

Heating

Baseboard: 1

Roof Type

Metal: 1

Flooring

Carpet: 1 Laminate: 1 Linoleum: 1

Walls

Sheetrock: 1

Sewer

Public Sewer: 1

Water Source

Public: 1

Location Tax and Legal

Area: 510 - Mendenhall Valley Street #: 9000 Street Name: Stephen Richards Memorial Arterial: Drive Closest USPS Town: Juneau State: AK Zip Code: 99801

Property Features

Primary Space: Condo Heating: Baseboard Roof Type: Metal Flooring: Carpet; Laminate; Linoleum Walls: Sheetrock Sewer: Public Sewer Water Source: Public
Listing Office: Alaska Unlimited Realty
IDX
Last Updated: June - 27 - 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.