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1533 Lacey Street - Travel Lodge, Fairbanks, AK

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1533 Lacey Street - Travel Lodge

Fairbanks, AK 99701-6209

Property Type:Hospitality Number of Rooms:66 Status:Existing Year Built:1974
Stories:1 Building Size:24,584 SF Land Area:.79 AC (34,412 SF)
For Sale Price:$449,000 Price/Room:$6,803 Cap Rate:-


Sale Notes:
Zetabid Sealed Bid Auction Sale!
Auction Dates: 09/03/18 - 09/06/18 (Pre-Auction Offers will be Accepted)
Direct link:
Visit for property and bidding information. Subject to 5% Buyer Premium

Zetabid is pleased to present this former Travel Lodge Motel for sealed bid auction. Property produced good cash flow when operating in prior years but needs upgrades. Also potential for apartment conversion (subject to city minimum square footage units) by combining hotel rooms into larger year long apartments. Prior year financials, title report, inspection reports are available in the diligence vault on the property website was operated seasonally (closed winters).

Heritage Global Partners, Inc.
Michael Davin
(424) 888-6068 x101

Michael Davin
(424) 888-6068 x101

Eric Koesterer
(424) 888-6068

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