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Huge Turnagain 5 Plex with Huge Cash Flow!

Property Property Property Property Property Property Property
3102 W. 33rd Ave.
Anchorage, AK 99515


  • Features
  • Interior
This is a "must see" complex for all serious investors! Three units remodeled in 2005. New efficiency boiler in 2006. Lower utility costs to the landlord. These units are huge and easy to keep full. All units currently on year leases. Great opportunity to cash flow and build equity!

(2) Identical 2 bedroom, 1.5 bath townhouse units. Each has private laundry, walk-in closet, fireplace, separate water heater. Over 1300SF.
Current rents: #2@$1100(-$150)/ #1@$1250. Each unit comes with a garage, open at end.

(1) 3 bedroom, 2 bath unit, private laundry, walk-in closet, fireplace, separate water heater and heated garage. Over 1300SF. Current rent: $1400 (-$100+ under market value)

(1) 2 bedroom, 2 bath unit, private laundry,fireplace, separate water heater and over 1000SF of living. Comes with garage. Current rent $900 (-$150 under market value)

(1) 2 bedroom, 1 bath unit, private laundry, fireplace, separate water heater and over 1200 SF of living (could be converted to 3BR). Current rent $900 (-$150+ under market value).

Current building rent total: $5550. Rents could be corrected to $5900! Doors could be easily added to three garages to create 4 heated garages which could push rents beyond $5900. Possible seller carryback. Contact Mark about this and other opportunities to cash flow!
  • Lot Size: 9787
  • Type: Investment Property
  • Floors: Two or More Stories
  • Parking/Garage: 3+
  • Bedrooms: 11
  • Baths: 7
  • Half Baths: 2
  • Square Feet: 6236
  • Year Built: 1970
  • Dining Room
  • Fireplace
  • Laundry Room
  • Main Floor Bathroom

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Mark Frentzel