4360 Spenard Road Anchorage, AK 99517
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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 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.
| a month ago | Listing updated with changes from the MLS® | |
| a month ago | Price changed to $5,800,000 | |
| 9 months ago | Price changed to $6,200,000 | |
| 10 months ago | Status changed to Active | |
| a year ago | Status changed to Pending | |
| See 1 more | ||
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