21585 Sterling Highway

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21585 Sterling Highway

Ninilchik, AK 99639
Asking Price
$1.70M
Asset Type
Hospitality
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Hospitality asset located at 21585 Sterling Highway in Ninilchik, Alaska.
  • Property is currently available for purchase at a price of $1,699,000.
  • Site coordinates are positioned at 59.9566 latitude and -151.7333 longitude.
  • Strategic location along the primary travel corridor on the Kenai Peninsula.
  • Asset serves the regional tourism economy driven by outdoor recreational activities.

What's Special

Ninilchik serves as a scenic hub on the Kenai Peninsula, attracting visitors drawn to the region's world-class sport fishing and outdoor recreation. Positioned along the Sterling Highway, this hospitality asset benefits from consistent seasonal traffic flows and proximity to the Cook Inlet. The property layout supports operations for travelers exploring the rugged Alaskan coastline and the diverse wilderness of the surrounding borough. Investors or operators can leverage the site's visibility to capture demand from seasonal tourists and sport fishing enthusiasts. The location allows for strategic alignment with the local tourism industry, which drives much of the economic activity in this corridor of the state. With its direct access to major transit routes, the facility functions as a key stopping point for those navigating between Anchorage and the southern reaches of the peninsula, providing a platform for lodging or service-oriented hospitality business models.

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NOI
$80,000
Cap Rate
4.71%
DSCR
0.79
Underwater
Cash-on-Cash
-4.09%
Monthly Payment
$8,405.725
Annual Cash Flow
$-20,868.7

Location & Travel Times