527 Garteeni hwy - Apartments FOR SALE


Hoonah, AK 99829
$1,150,000 USD
527 Garteeni hwy, Hoonah, AK for Sale
$1,150,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

527 Garteeni hwy
Hoonah, AK 99829


OVERVIEW

The Wind 'N Sea Inn currently operates as a multifamily asset with six residential units, all occupied under short term and mtm leases. Thisversatile property offers multiple potential uses, including continued operation as an apartment building, conversion to short-term rentals, or a hybrid model. Historically, two units were successfully operated as short-term rentals, while four have maintained long-standing tenants, providing stable income. With a desirable layout, the property also presents an excellent opportunity for partial owner-occupancy. Whetheryou’re an investor seeking value-added potential or an owner-user looking to offset costs with rental income, the Wind 'N Sea Inn offers a range ofpossibilities. Financials and additional details available upon execution of a confidentiality agreement.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$221 USD /SF

# OF UNITS

6

PRICE/UNIT

$191,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,895 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

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