ADDRESS
420 W Tudor Rd #440, Anchorage, AK
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$5,800,000
632 Days On Site
4360 Spenard RoadAnchorage, AK 99517
For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths
69,876
SqFt
$83
/SqFt
1969
Built
County:
Listing courtesy of Matthew Vincent of Jack White Real Estate
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REDEVELOPMENT OPPORTUNITY!! 60 unit Multifamily and 42 room hotel for sale in a package deal! The front building was built in 1984 as a drive-in hotel for commercial airlines pilots while the back building was built in 1969 as an apartment community for oil workers. This asset has great income year round. The front building suffered a fire in 2022 while the back building still operates as STRs. The main building suffered from a fire in 2022 and 17 of the 42 rooms were burn down. The remaining 25 rooms have smoke damage to be cleaned. This is a great opportunity for an investor to redevelop the 42 room hotel and continue operations of the apartment building as long term rentals.
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Listing Snapshot
Price
$5,800,000
Days On Site
632 Days
Bedrooms
N/A
Inside Area (SqFt)
69,876 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1 Acre
Year Built
1969
MLS® Number
23-1839
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 months ago | Listing updated with changes from the MLS® | |
| 8 months ago | Price changed to $5,800,000 | |
| a year ago | Status changed to Active | |
| 2 years ago | Listing first seen on site |
General Features
Acres
1
Number Of Stories
3
Parking Spaces
109
Property Sub Type
Mixed Use
SqFt Total
69876
Zoning
B3 - General Business
Interior Features
Flooring
Carpet
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Exterior Features
Construction Details
Unknown
Roof
Rolled/Hot MopShingle
View
City LightsLakeMountain(s)
Waterview
City LightsLakeMountain(s)
Community Features
MLS Area
1A - Anchorage Municipality
The listing content relating to real estate for sale on this website comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than eXp Realty, Inc. are marked with either the listing brokerage's logo or the AK MLS logo, and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing Information is updated daily. Copyright 2024 Alaska Multiple Listing Service, Inc. All Rights Reserved. Data Services Provided by Showcase IDX.
Neighborhood & Commute
Source: Walkscore
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