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Multifamily Loans in Alaska

Overview

Of the 731,545 Alaska residents, 53,780 (or 7.35%) live in 5+ unit apartment properties. Alaska has approximately 27,964 multifamily units. Last year, 255 new apartment units were constructed in Alaska, representing a 0.92% growth in units. Multifamily units make up 10.31% of the total housing stock in Alaska.

Interest rates for multifamily loans in Alaska are very competitive. Alaska apartments are eligible for non-recourse multifamily loans with long term fixed rates and other favorable terms. SoftQuotes' lenders are actively lending on 5+ unit multifamily properties in Alaska.

Get multifamily loan quotes for Sep 28, 2021


Multifamily Loan Rates in Alaska

SoftQuotes' lender rates for 5+ unit multifamily loans in Alaska are:

Loan Amount
$1M to $6M
5 Year Fixed 3.04% - 3.97%
7 Year Fixed 3.20% - 3.83%
10 Year Fixed 3.48% - 4.12%
Loan Amount
$6M to $100M
5 Year Fixed 2.54% - 2.94%
7 Year Fixed 2.83% - 3.43%
10 Year Fixed 2.95% - 3.50%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. This is not an offer or commitment to lend. Rates updated on 09/27/2021.

Get multifamily loan quotes for Sep 28, 2021


Alaska Rents

The state of Alaska is a Dillon Rule state with no rent control nor preemptions.

Bedrooms
Low1
High2
Average2
Studio $601 $1,334 $908
1 bedroom $668 $1,509 $1,012
2 bedroom $856 $1,756 $1,281
3 bedroom $1,096 $2,203 $1,685
4 bedroom $1,256 $2,624 $1,938
1 County median 2 Average of counties

Alaska Multifamily Loans by City