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Alaska Real Estate Q&A Discussion Forum
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Updated almost 4 years ago on . Most recent reply

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Eric Baeza
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Looking to purchase 4 plex in anchorage

Eric Baeza
Posted

Hello fellow investors. I been looking at buying posibly 2- 4 plex units in the anchorage area. Im looking into the Mt. View area. I read that its not the best, but seems to have the most rental units. My questions are, what are your utility bills roughly on your 4 plex units in this area? Is 1100 the going rate for a 2 bed unit? 

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Chris S.
  • Property Manager
  • Anchorage, AK
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Chris S.
  • Property Manager
  • Anchorage, AK
Replied

Hey there, 

I have a few fourplexes in Mt. View. To be on the safe side estimate utilities to be about $900/month. Including lawncare etc. Average rents for a 2 bed 1 bath are around 900-1000 depending on how it looks and what part of Mt. View its in. Closer to Mt. View Rd seems to be harder to rent out to decent people in my experience. 

You can have Enstar average out your gas use for the year so you get the same cost per month year around. A lot easier to track and figure in your expenses. 

  • Chris S.

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