11000 Old Glenn Highway

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11000 Old Glenn Highway

Eagle River, AK 99577
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Value-Add Mixed-Use Investment Opportunity <p>Mixed-use asset with diversified income potential including 12 residential units, 4 retail/commercial spaces, and an additional warehouse/shop building with fenced yard area.</p><p>Approximately 13,704 SF situated on 0.83 acres spanning five separate tax lots with CE-B-3 General Business zoning.</p><p></p><p>Existing commercial tenant in place with potential for long-term occupancy, providing immediate income while additional vacancy creates upside opportunity.</p><p></p><p>Multiple vacant co

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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