Listing Courtesy of: Katie Uei - EXP Realty, LLC
907-519-0095
$1,760,000
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1105 Angler Drive Kenai, AK 99611
Multi-Family
Residence
18
Beds
18
Baths
...
Bed/Bath
6,362
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Exclusive Hi Lo Charters LLC Fishing Lodge! Enjoy Mountain & Creek views with exceptional Beaver Creek frontage that flows right into the famous Kenai River for world class fishing. Sellers are including 2 properties, the business, websites, $150K+ in furnishings and fixtures, 9 turnkey vacation ren...tal units, and more!! 1105 Angler Drive property offers 3ct 2-bedroom units and a detached shop, storage areas and more! Sellers just added a detached walk-in cooler. This is AMAZING! 1230 Angler is the second included property. This property has 1.62 acres and offers a 4 plex, 2 detached cabins, a peaceful pond and an outdoor covered cooking area. That is 6 additional rentals on one lot! You will love and enjoy the Alaskan Scenery and landscaping with walk down creekfront where your boats can be tied up. Beaver Creek flows right into the FAMOUS KENAI RIVER! This top-notch resort offers dramatic breath-taking views of Beaver Creek, Mountains and abundant wildlife. This LOCATION is perfect with decades of success creating customer satisfaction located central to all the diversified guided options available. You can calm yourself and relax while tucked away in a secluded setting surrounded by Alaskan wildlife and wilderness providing you the home away from home experience. Everything the clients seek and desire in their Alaskan experience brings them back time and time again. Clients rave about the peace and enjoyment while at the lodge and always get a kick out of the world-class fishing in the river. Fish cleaning tables are provided, a walk-in cooler and gear for their clients added experience. Hi Lo Charters offers excursions and guided trips sending you established fishing lodge business with fly out and chartered site seeing/fishing trips to meet client's needs. Hi Lo Charters prides themselves in offering the best fishing experience possible. Hi Lo Charters strives to guarantee a good time while in the big AK. Listen to the creek flow in a serene setting sipping your cocoa in front of the fire pit creating yourself a truly relaxing memorable time. This is what makes the Hi Lo Charters LLC #1 in customer satisfaction. They care about their client's time and time again bringing a referral stream that is out of this world. What a stellar reputation to carry on in ownership. This is an amazing opportunity to gain equity while having fun. Entire property and well-built efficient buildings gleam with pride in ownership featuring 2 properties & 9 fully furnished rental units. Award winning style and decor provide you the Alaskan comfort, theme and added experience. Additionally, each unit offers a full kitchen, full bathroom, with open concept space saving designs. Guests love the over-sized welcoming covered decks. Peace in mind, this lodge is in a fire service area and on an all-year paved borough-maintained road. This is NOT a seasonal subdivision, and these are year-round rentals giving you all year use and income opportunity. This property also qualifies for lots of cost sharing incentive programs through the governing agencies. You would need to call the Kenai River Center to see the latest programs, regulations and guidelines. Endless possibilities for this UN-ZONED property. You will be amazed how easy it may be to make owning a dream resort into a reality. POTENTIAL INCOME BELOW FROM SELLER SUMMER INCOME/ON SEASON Hi Lo Charters LLC has a four-month hot season for the daily rentals from middle of May through the Middle of September. Maximizing your marketing provides an average of 75% to 80% daily occupancy. The rental rate per unit per night varies based upon occupancy. On average, each unit brings in around $400.00 a night. Summer Gross income potential for lodging is averaging $324,000 (120 days x 75% occupancy x 9 units x $400/night average=$324,000.00). If you bought 4 boats and did guide fishing trips on the Kenai and Kasilof rivers this would provide an additional $432,000.00 (120 days x 75%occupancy x 16 fishing clients x 300/day average = $432,000.00). Outside guide services (deep sea fishing, fly outs, etc) pay a 20% referral fee for services offered. 2 to 3 clients will spend on average $1000 a week in activities. This provides Hi Lo Charters LLC $9000.00 in summer for other fishing charter services or referral fees. WINTER INCOME/OFF SEASON Each unit can make winter market rents at $1000.00-$1200.00 a month. With 9 units that's $89,100.00 more in revenue. OTHER WAYS TO GENERATE REVENUE FROM SELLER 1-The potential to expand the business beyond that set out by building RV Hook Up's at both properties. 2- Guided hunting trips during the Winter months EXPENSES FROM SELLER They are employed outside of the lodge on off season. The owners ran the lodge as a second income working and growing their family run business. They truly enjoy being in the business and building the business capital with their profits. Everywhere you look shines pride in ownership and growth. They used all the profits they made and invested back in to growing the business capital, inventory, structures and more while advertising and working the business. This is what empowered them to grow their assets and capital to where they are today, asset heavy. Like many businesses they could deduct various allowable expenses on their taxes. The business expenses were managed in a way to show minimal profits and, if possible, show losses for overall tax planning purposes. Expenses specific to the properties are Property Taxes $9,400, Property/Business Insurance $10,000 Utilities (gas, electric, garbage) $20,000 est., Repairs/Maintenance $3,000.00, $1,139.88 Internet, $3,120.00, Trash, $400-$500 Septic Pump each property, $400.00 Boiler Maintenance each property, Licenses/Permits $1,000.00. Easy to show-Call today!
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MLS#
24-6882
Property Type
Multi-Family
Bedrooms
18
Bathrooms
18 Full
Year Built
1984
Square Feet
6,362
sq. ft
Lot Size
2
Sewer
Holding Tank
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