Listing Courtesy of: Katie Uei - EXP Realty, LLC
907-519-0095
$300,000
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59195 Sterling Highway Kasilof, AK 99610
Other
Residence
2
Beds
1
Baths
402,930
Sq. Ft.
9.25
Acre
Lot
Property Activity
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AIR B&B Dream Location!! RARE opportunity to own 9.25 UNZONED UNRESTRICTED acres fronting Crooked Creek that's stocked w/Chinook salmon!! Imagine how many rentals you can put on this property fronting both sides of the creek w/access from Crooked Creek Road & Sterling highway. Less than 2 miles from... public access to the Kasilof River & close to public access to Johnson Lake! Everything you need to host an income generating air B&B! Alaskan Resort income $$$ Awaits YOU. Nestled in a serene, wooded area you have unlimited trails that take you to some great snowmachining, hunting, fishing and lots of recreational opportunities. Experience a one-of-a-kind Alaskan vacation! Potential Gross Income Revenue...... Rates always vary with each season & varies based on both competing air B&B businesses and tourism. Imagine if you had 5 cabins on each side of the creek how much income you could generate?!? If you were only 75% occupancy factoring only 90 of the 123 days beginning May going until the end of August if you only got $99.00 per night X 10 cabins X only 90 days=$89,100.00 summer income. If you got $293.00 X 10 cabins X only 90 days=$263,700.00 summer income. Then rent long term in the winter from September to end of April for $1000.00 a month each ($1000.00 a month X 10 cabins X 8 months=$80,000.00. All together a potential gross income of $169,100.00-$343,700.00. Investors are always encouraged to research the various booking sites independently to gauge their potential gross revenue w/the plan they create that works best for their needs. These scenarios are only variations to determine how many known investors gain the most profit from summer to winter with their rentals. Kasilof River (walking distance to public access-less then 2 miles), Four species of salmon sockeye, king, pink and coho salmon and rainbow trout, steelhead, char and whitefish spawn in the Kasilof River. Johnson Lake is not too far and stocked with Rainbow Trout through Fish & Game. As you face the front of the property to the left is a large parcel owned by Fish & Game. To the right is a very successful high end air B&B. The home on the property has no value and was not considered in the value. This property will not bank finance due to the condition on the home. Buyer will need to be a cash buyer. This is an estate sale and property are being sold as-is for the value of the land only.
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MLS#
24-11492
Property Type
Other
Bedrooms
2
Bathrooms
1 Full
Year Built
1978
Square Feet
402,930
sq. ft
Lot Size
9.25
Sewer
No Sewer
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