About 567 Friends Way
Unique State of Alaska backed lease. This is the State Trooper housing for much of western Alaska. All units are 3 br with 2.5 baths.. Lease term expires in 2038. 2% bumps starting March 2026. Utilities and light maintenance paid by State. Price at 8.8% Capitalization rate. Package available upon request.
Features of 567 Friends Way
| MLS® # | 25-2452 |
|---|---|
| Price | $3,000,000 |
| Bedrooms | 21 |
| Bathrooms | 22.00 |
| Full Baths | 15 |
| Half Baths | 7 |
| Square Footage | 11,568 |
| Acres | 0.47 |
| Year Built | 2003 |
| Type | Multi-Family |
| Sub-Type | Apartment Style |
| Status | Active |
Community Information
| Address | 567 Friends Way |
|---|---|
| Area | 830 - Northwest Arctic Borough - All |
| Subdivision | 567 Friends Way |
| City | Kotzebue |
| State | AK |
| Zip Code | 99752 |
Amenities
| Parking Spaces | 14 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Oil |
|---|---|
| Fireplace | No |
| Has Basement | No |
School Information
| Elementary | June Nelson |
|---|---|
| Middle | Kotzebue |
| High | Kotzebue |
Additional Information
| Date Listed | March 10th, 2025 |
|---|---|
| Days on Market | 18 |
| Zoning | UNK - Unknown |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX Dynamic Properties |
|---|