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Click photo(s) to enlarge
Anderson Apartments
Outside View
Kitchen View
Kitchen
Living room
Bedroom
Living Room 2
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Description
Address
1901 Mary Ann Street
Fairbanks, AK 99701
Legal Description
Portions of Bjerremark and Rickert Subdivisions (full Legal Description upon request)
Property Description
The Anderson Apartments are located in the Fairbanks North Star Borough. Fairbanks is the transportation and supply hub for Alaska oil development, including the oil pipeline built in the 1970's. In the 1970's Fairbanks population increased 44% in 6 years leading to high rents and low vacancy rates.
Property Type and Rates
Effeciencies
No. Units: 47
Average Mo. Rent $575
Apartment Style
1 Bedroom
No. Units: 27
SF: 650
Avg. Mo. Rent $775
2 Bedroom
No. Units: 57
SF: 825
Avg. Mo. Rent $875
3 Bedroom
No. Units: 3
SF: 1,000
Avg. Mo. Rent $1100
Zoning
Multiple Family Residential District
Location Description
Conveniently located, The Anderson Apartments are within one mile from Fort Wainwright, Fairbanks Memorial Hospital and five miles from the University of Alaska campus.
Asking Price
$2,150,000.00
(Two Million One Hundred Fifty Thousand Dollars>
Terms are Cash
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This package has been prepared for informational purposes to assist a potential purchaser in determining whether they wish to proceed with an in-depth investigation of the property. No representations or warranties, expressed or implied, as to the accuracy or completeness of this package or any of its contents shall be deemed made, and no legal commitment or obligation shall arise by reason of this package or its contents. *Interested parties are expected to review, independently, all documents relating to the property, as to the accuracy and completeness of the information contained herein.
This package is subject to errors, omissions, price change or term, physical condition, expenses of operation (past, present or future income), zoning, covenants & restrictions, survey, access, soils condition, water & septic, fuel tanks, contamination, local/state/federal requirements or other matters affecting the value or use of the property.
It is your responsibility to ascertain the potential for: flooding-rock slides-avalanches-earthquake area, and other natural hazards. It's the buyer's responsibility to verify, locate survey markers or have the corners located by a qualified person. *Due to the nature of our properties the location of our real estate signs may not warrant the location of the property(s). As in any real estate transaction or investment, we further suggest that you seek legal counsel and financial advice. Most land in the State of Alaska is "surface estate only". Government agencies, Native Corporations, etc usually withhold subsurface rights.
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