4360 Spenard Road 4360 Spenard Road Anchorage, Alaska 99517 United States
4360 Spenard Road Anchorage, Alaska 99517 United States
$6,740,000
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REDEVELOPMENT OPPORTUNITY!!60 unit Multifamily and 42 room hotel for sale in a package deal! The front building was built in 1984 as a drive-in hotel for commercial airlines pilots while the back building was built in 1969 as an apartment...
- 69,876 Sq Ft.
- Interior
- 1 Acres
- Exterior
- Multi-Family Homes
- Property type
- 1969
- Year Built
- 23-1834
- Web Id
- 23-1834
- MLS ID
- 23
- days ago
About 4360 Spenard Road
REDEVELOPMENT OPPORTUNITY!!60 unit Multifamily and 42 room hotel for sale in a package deal! The front building was built in 1984 as a drive-in hotel for commercial airlines pilots while the back building was built in 1969 as an apartment community for oil workers.This asset has great income year round. The front building suffered a fire in 2022 while the back building still operates as STRs. The main building suffered from a fire in 2022 and 17 of the 42 rooms were burn down. The remaining 25 rooms have smoke damage to be cleaned. This is a great opportunity for an investor to redevelop the 42 room hotel and continue operations of the apartment building as long term rentals.
Listing Courtesy of Jack White Real Estate, ALASKA MLS
03/04/20 00:58:53
Listing Courtesy of Jack White Real Estate, ALASKA MLS
03/04/20 00:58:53
PROPERTY INFORMATION
- Garage Info
- 0
- Heating
- Baseboard
- View
- City Lights, Lake
EXTERIOR
- Construction
- Wood Frame
- Roofing
- Shingle, Rolled/Hot Mop
INTERIOR
- Flooring
- Luxury Vinyl Plank, Laminate, Carpet
ADDITIONAL INFORMATION
- Number of Units
- 102
Listing Courtesy of Jack White Real Estate
