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TONGASS AVE 3434 Ketchikan AK 99901-5633

[Locked] • APN 011232002500

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Details
Property Type Hospitality
Sub Type Hotel
Building SqFt 82,153
Lot SqFt 108,673
Acreage ******
Zoning Code CG
Year Built 1974
Building Count 2
Opportunity Zone No
Tax Year ******
Tax Land ******
Tax Additions ******
Tax Assessed Value ******
Days on Market ******
Owner Name BASECAMP THE LANDING AK LLC
Owner Mailing Address (Full Address) ******

Property History

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Property Type
Property Type
Hospitality
Property Subtype
Hotel
Marketing Description

SOLD!

The Landing Hotel, Restaurant & Pub is a 107 key, full-service, independent, midscale hotel. Located in Ketchikan, Alaska, this property is highly visible in the central business district. In addition, the Landing Hotel has proximity to the Ketchikan International Airport, Airport Ferry, and the main Ketchikan Ferry Terminal. The hotel features ~5,000 sq. ft. of flexible meeting/wedding and event space. Event planning and catering are available on-site and off-site for local events. The Landing Hotel boasts two exceptional dining options, The Landing Restaurant and Jeremiah’s Pub, which are popular with visitors and locals alike. Guest amenities include a lounge area and fireplace, business center, fitness center, restaurant, pub, and courtesy shuttle service.

Guest Room mix includes a selection of Standard Queen, Double Queen, Standard King, Double King, Mini-Suites, Suites, and Accessible Rooms. Room amenities include a mini-refrigerator, microwave, flatscreen TV with cable, high-speed internet (WiFi), coffee maker, and room service.

Location:

Ketchikan, Alaska, is truly the beginning of the last frontier. Set at the southernmost entrance to Alaska’s famed Inside Passage—a network of waterways that snake through some of the most jaw-droppingly beautiful wilderness in the world—Ketchikan is best known for three things: feisty salmon, idyllic scenery, and an incredibly rich Alaska Native culture. Downtown Ketchikan is easily walkable and dotted with historically significant buildings and shops featuring the work of local carvers, weavers, jewelry designers, painters, sculptors, photographers, writers, and more. Outdoor enthusiasts can enjoy year-round activities, including hiking, biking, fishing, ziplining, and more.

Building size is approximate and all information is obtained from sources deemed reliable but subject to buyer verification. All property tours must be arranged through the broker. DO NOT CONTACT PROPERTY OR EMPLOYEES!

Please call with questions regarding Broker commission co-op.

This listing is in cooperation with Mary Wanzer, CRS (Alaska License# RECB15317)

Investment Highlights
  • 10.91% Cap Rate, 22.61% ROI, & 2.39 GRM

  • Centrally Located Hotel, Restaurant & Pub

  • Proximity To Airport And Ferry Terminal

  • Wedding, Event & Meeting Space

  • Excellent Mix Of Revenue Streams

  • Strong Local Presence - Dining & Catering

  • Central Business District Location

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
JK
Joseph Kennedy PRO
•••.•••.1316
joe@•••••••••.com
Brokerage logo
Listing removed on
 BY:
MK
Michelle Kennedy
•••.•••.1316
•••team@•••••••••.com
Brokerage logo

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