100 10th Avenue Fairbanks, AK 99701

Multi-Family (2-4 Units) MLS #: 155018 Courtesy Of NextHome, Inc

$5,750,000

59,616 sq ft
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Estimated monthly payments: $25,135/mo.* (recalculate)

Property InformationDescription

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, and two-bedroom apartments, catering to a diverse tenant base. In addition to residential units, the property includes 60+ indoor storage units, providing an opportunity for supplementary income. Over the years, several upgrades have been made, including a new sewer line (2019), exterior insulation, new siding, and storm windows (2009), and interior renovations as needed, ensuring the property remains attractive and competitive. Each building features coin-operated laundry facilities, providing convenience for tenants and additional revenue streams for the owner. Conveniently situated off Steese Highway on 10th Avenue, the Dixon Apartments offer easy access to amenities, schools, and transportation routes. With a current 5% vacancy rate and well-maintained facilities, the Dixon Apartments present a compelling investment opportunity with significant upside potential. Efficient management and strategic marketing initiatives can further enhance rental income and maximize returns for investors. Don't miss out on this exceptional investment opportunity in Fairbanks. Whether you're a seasoned investor or exploring your first venture in real estate, the Dixon Apartments offer a solid foundation for long-term success. Contact me today to schedule a private viewing and take the first step toward building your investment portfolio.

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Lot Size: 2.3 Acres
  • Roof Type: Unknown

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100 10th Avenue, Fairbanks, AK 99701
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School Information

100 10th Avenue, Fairbanks, AK 99701

Elementary School
Grades KG-6 | Public School
DENALI ELEMENTARY SCHOOL
Fairbanks, AK 99701
1042 Lathrop St
907.­452.2456
Distance: 1.2 mi
School Rating
D+
Student:Teacher Ratio
15:1
Total Students
242
Middle School
Grades 7-8 | Public School
RYAN MIDDLE SCHOOL
Fairbanks, AK 99701
1450 Cowles St
907.­452.4751
Distance: 0.8 mi
School Rating
D-
Student:Teacher Ratio
19:1
Total Students
384
High School
Grades 9-12 | Public School
LATHROP HIGH SCHOOL
Fairbanks, AK 99701
901 Airport Way
907.­456.7794
Distance: 0.7 mi
School Rating
C+
Student:Teacher Ratio
17:1
Total Students
845
Other Nearby Schools Distance Type Grades School Rating
Alternative Learning Systems 0.3 mi Public PK-12 D+
Fairbanks B.e.s.t. 0.3 mi Public PK-12 C
Aurora Tutoring School & Resource Center 0.6 mi Private PK-12
Barnette Magnet School 0.6 mi Public PK-8 C
Sprucetree Montessori School 0.7 mi Private PK-6
Nordale Elementary School 0.7 mi Public PK-6 C-
Hunter Elementary School 0.8 mi Public KG-6 C
Monroe Jr, Sr High Schools Of Fairbanks 0.9 mi Private PK-12
Arctic Light Elementary School 1.0 mi Public KG-6 B-
Boreal Sun Charter School 1.2 mi Public KG-8 D+
Tanana Middle School 1.3 mi Public 7-8 C
Ladd Elementary School 1.4 mi Public KG-8 C+
Joy Elementary School 1.6 mi Public PK-8 B-
Randy Smith Middle School 1.6 mi Public 7-8 C-
Golden Heart Academy 1.7 mi Public 5-12
Anne Wien Elementary School 1.7 mi Public KG-6 C+
Chinook Montessori Charter School 1.8 mi Public KG-8 B+
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Fairbanks, AK 99701

Median Age: 37.7
Married: 39%
Number of Households: 6,939
Households with Children: 25.6%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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