34 Room Motel with Commerical / Retail
Location Alaska,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $171000
Net Profit / Cash Flow $83000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1990
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Yes
Reason for Sale Retirement - Change Of Location
Description Asking Price: $1,199,000 OBO. Almost $100/sq foot below local market price.
For sale by owner - 34 room motel in prime downtown Anchorage, AK with 13k sq ft of unused commercial space (inc. 4200 sqft warehouse with 2 commercial liftgates and retail space). New 10 unit wing on ground floor (partially finished), ready for expansion. no vacancies common in peak seasons, and est. 40-50% vac. rate in winter. property is 3 adjoined lots, building occupies 2. Third used for parking (zoned same).
This property is priced at $52/sq ft. This is the lowest $/sq ft of any commercial building you will find in city limits, much less downtown.
Please email or call (206) 419-7784 for website and more information on this motel for sale.
Click Here To Contact Seller
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