42706 Old Sterling hwy - Manufactured Housing/Mobile Housing FOR SALE


Anchor Point, AK 99556
$1,495,000 USD
360-961-5537
42706 Old Sterling hwy, Anchor Point, AK for Sale
$1,495,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/12
null | Request Cap Rate

42706 Old Sterling hwy
Anchor Point, AK 99556


HIGHLIGHTS

  • Purpose-built workforce housing in a high-demand market
  • Fully furnished units with efficient shared amenity design
  • Scalable model with duplex base and bunkhouse expansion plan
  • First-year cash flow stability projected by Month 9
  • Market demand supported by long-term regional economic drivers
  • Buyer opportunity to complete final improvements and realize full income potential

OVERVIEW

Anchor Bridge Workforce Housing Campus presents a unique opportunity to own a nearly completed income-generating property in the heart of Alaska's Kenai Peninsula. Strategically located along Old Sterling Highway in Anchor Point—just 15 miles from Homer—this purpose-built workforce housing project includes 32 private rooms across duplex-style buildings. Designed to meet the urgent housing needs of seasonal and industrial workers in fishing, construction, oil, gas, and tourism, the campus is ideal for both individual rentals and bulk leasing to employers. Each unit features shared kitchen and bathroom facilities, with electric, natural gas, internet, and water delivery already in place. The offering includes approximately $500,000 in remaining completion work to be undertaken by the buyer, with clear plans for expansion including a 43-bed bunkhouse, laundry facilities, and corner lot development. First-year financial projections show positive cash flow by Month 9, with a stabilized cap rate of over 20% by Year 4. The 9.09-acre site offers excellent visibility, private access, and scalable infrastructure. Whether you're an operator or investor looking to meet local housing demand, Anchor Bridge provides an unmatched opportunity in a high-demand, low-supply market.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$69 USD /SF

# OF UNITS

15

PRICE/UNIT

$99,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.09 AC

LAND SF

395,960 SF

ZONING

Unzoned

APN/PARCEL ID

17907031

ASK ABOUT THIS PROPERTY

Allison TrimbleCoastal RealtyMore Info
360-961-5537

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Allison TrimbleCoastal RealtyMore Info
360-961-5537

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