Quote from @Keila Pritchard:
Hello,
My wife and I are military and looking to move to Anchorage next. Before we get up there, we know we'd like to buy property in Alaska regardless of where we PCS. I am inclined to buy a multi-family in Eagle River but there are not many available now. I'm really open to finding a property in Anchorage but the crime-rate and keeping tenants. Open to anyone's experience or advice on other places to buy. Excited to jump in with the BP community in Alaska!
Hey Keila,
Owning both multi-family property in both Eagle River and Anchorage, along with being a real estate agent and helping clients buy in both areas, I can say that there are advantages and disadvantages to both.
I would say Eagle River has great room for appreciation and rent growth, but the barrier to entry is high and it is ultra competitive. There are areas of Anchorage that have similar rent growth and appreciation that are a little less competitive.
Hope this helps!
