100 10th Avenue, Fairbanks, AK 99701

$5,750,000

Property Type: Multi-Family Bedrooms: 64 Baths: 64 Square Footage: 59,616 Lot Size (sq. ft.): 100,362 Status: Closed

Current Price: $5,750,000 Last Modified: 9/27/2024

Overview

Description

Welcome to the Dixon Apartments, a prime investment opportunity nestled in the heart of Fairbanks. This multi-family complex offers a total of 64units spread across two well-maintained buildings, presenting an excellent chance for investors seeking stable returns and long-term growth. The complex offers a mix of unit sizes, including one-bedroom, and two-bedroom apartments, catering to a diverse

Supplements: Welcome to the Dixon Apartments, a prime investment opportunity nestled in the heart of Fairbanks. This multi-family complex offers a total of 64 units spread across two well-maintained buildings, presenting an excellent chance for investors seeking stable returns and long-term growth. The complex offers a mix of unit sizes, including one-bedroom, ... (Read more)

Listing Details MLS# 24-4548

Contract Info

Price-List: 5750000
Date-Listing: 2024-04-28
Foreclosure/Bank Own: No

Sold Info

Date-Pending: 2024-05-14
Date-Closing: 2024-07-01

Location Tax and Legal

Area: 710 - North Fairbanks
Street #: 100
Street Name: 10th
Arterial: Avenue
Closest USPS Town: Fairbanks
State: AK
Zip Code: 99701

Property Info

Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Beds: 64
Bathrooms Full: 64
Bathrooms Total: 64
Bldgs-Ttl #: 2
Year Built: 1945
SF-Res: 59616
Number of Units: 64
SF-Lot: 100362
Acres: 2.3
Prkg Spcs: 64
Lot Area Source: Owner
Zoning: MF - Multiple Family Residential
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Garage Spaces: 0
Carport Spaces: 0

Directions and Remarks

Directions: Steese Highway to 10th Avenue, property on Right, next to the Regency Hotel

Building Info

Units-# of 1 BR: 48
Units- # of 2 BR: 16
Vacancy Rate: 5

More Information

Mortgage Info

EM Minimum Deposit: 50000

Location, Tax and Legal

Region: 3 - Interior & North Alaska Regions - All
Borough/Census Area: 3C - Fairbanks North Star Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Legal: Portion of L1A, Tanana Clinic S/D
School-Elementary: Ann Wien
School-Middle: Ryan
School-High: Lathrop

Multi-Family Type

Apartment Style: Yes
Up and Down: Yes
Multi Family: Yes

Listing Terms Financing

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Exterior Finish

Vinyl: Yes

Heating

Other: Yes

Roof Type

Shingle: Yes

Construction Type

Other: Yes

Foundation Type

Poured Concrete: Yes

Wtrfrnt-Access Near

None: Yes

Garage Type

None: Yes

Wtrfrnt-Frontage

None: Yes

Carport Type

None: Yes

Sewer-Type

Public Sewer: Yes

Water Source

Public: Yes

Access Type

Paved: Yes

Features-MultiFamily

CO Detector(s): Yes
Inground Sprnklr Sys: Yes
Laundry Facility: Yes
Smoke Detector(s): Yes
Tenant Storage: Yes

Property Features

Multi-Family Type: Apartment Style; Up and Down; Multi Family Exterior Finish: Vinyl Roof Type: Shingle Foundation Type: Poured Concrete Construction Type: Other Garage Type: None Carport Type: None Heating: Other Sewer-Type: Public Sewer Water Source: Public Access Type: Paved Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: CO Detector(s); Inground Sprnklr Sys; Laundry Facility; Smoke Detector(s); Tenant Storage Listing Terms Financing: 1031 Exchange; Cash; Conventional

Documents

LP ›

NDA ›

IDX

Listing Office: NextHome Arctic Sun

Last Updated: September - 27 - 2024

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.

100 10th Avenue, Fairbanks, AK 99701 (MLS# 24-4548)