642 E 5th Ave - Hospitality FOR SALE


Anchorage, AK 99501
$3,200,000 USD
858-210-8282
642 E 5th Ave, Anchorage, AK for Sale
$3,200,000 USD
Hospitality - FOR SALE
1/3
null | 9.38% Cap Rate

642 E 5th Ave
Anchorage, AK 99501


HIGHLIGHTS

  • Prime Location for a hotel
  • Consistent Profitability
  • Value-Add Potential

OVERVIEW

Profitable Midscale Hotel for Sale in Anchorage, Alaska – Confidential Listing Investment Highlights: Prime Anchorage Location: Situated in a high-demand area, attracting steady foot traffic and strong occupancy rates. High Gross Profit Margins: Consistently profitable with efficient cost management, ensuring reliable cash flow. Updated Operations: Equipped with a modern booking system and well-trained staff, allowing for smooth, efficient day-to-day operations. Growth Potential: Opportunities to increase revenue through strategic marketing, added amenities, or in-room technology upgrades. Steady Demand: Ideal for both tourists and business travelers due to its central location and comfortable accommodations. Confidentiality Note: To maintain discretion, further details—including the hotel’s name and exact location—will only be disclosed upon signing a confidentiality agreement. Inquire Today: For more details, please reach out to discuss this unique opportunity. Serious buyers only.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$128 USD /SF

# OF ROOMS

41

PRICE/ROOM

$78,049 {currency}

CAP RATE

9.38%

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Econo Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1965

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

B2C

APN/PARCEL ID

00209132000

ASK ABOUT THIS PROPERTY

Crystal LeeAmerican Real Estate GroupMore Info
858-210-8282

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Crystal LeeAmerican Real Estate GroupMore Info
858-210-8282

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.