4360 SPENARD RD
ANCHORAGE, AK 99517
$5,800,000
0 Beds
0 Baths
69,876 Sq Ft
Status Active
MLS# 23-1834
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.
Details for 4360 SPENARD RD
$83 / Sq Ft
109 parking spaces
Baseboard
477 Days on website
1.8 acres lot
Area Information for 4360 SPENARD RD
