Amazing opportunity to own a fully turn key motel with 9 motel rooms, and 5 apartments situated at 1 mile Haines Highway. This is an excellent opportunity to pave the path to your own financial freedom as a hotelier. 9 fully furnished motel rooms, 5 fully furnished apartments including an owners unit. Imagine living in the quaint Southeast Alaska community of Haines, Alaska. Turn key motel with 9 motel rooms, and 5 apartments situated at 1 mile Haines Highway. Less than a mile to the Southeast Alaska Fair Grounds, and town with shopping and dining options close by as well. Haines enjoys many events and great tourism from the Southeast Alaska State Fair, to Brew Fest, Alcan 200, The Bald Eagle Festival, Chilkat to Kluane Bike Race, regional basketball tournaments, and is one of the Northern connections for Southeast Alaska with the Alaska Marine Highway. The building, and water are heated with a newer state-of-the-art renewable energy, pellet boiler, that is fed from a pellet silo with pellets from a local supplier. This can be owned and run as a motel, or rent out the 5 apartments as long term rentals, and turn the motel rooms into offices, heated storage, or more. The hotel building is configured with four one bedroom apartments and one two/three bedroom apartment on the second floor. The main floor consists of a lobby, two large rooms, seven standard rooms and a laundry room and closets. The possibilities are limitless. Now being sold for less than assessed value. Owner's are ready to retire, so this opens up a unique opportunity for you to own a successful motel. A new $50,000 pellet boiler was installed a few years ago Recent Improvements include: Pellet Boiler, Pellet Silo, Removed fireplace/ chimney from lobby to help with fuel efficiency and replaced all electrical fixtures with bright white ones, toggle switches for light plates, and charger friendly outlets for computers, phones etc. Replaced all lamps with plug in chargers at bedside. Price has been reduced to $144,150 below city assessed value. This is priced for the value of the real estate, not for income calculations. This is an outstanding opportunity for an interested investor who is interested in living on-site and running the motel, or a motel group who is interested in an investment of a turn-key operation, that they can flag and bump up marketing on to grow incomes.
Courtesy of: Southeast Alaska Real Estate Listing information provided courtesy of the Southeast Alaska MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 21st June, 2021 6:50 AM