Peak Hotel, Palmer, Alaska

Price: $1,300,000

Location: Palmer, Alaska

Industry: Inn/Residential Rentals/Coffee Stand/Restaurant Lease

Palmer area Peak Inn. Hotel operation, Residential Rentals, Restaurant area leased at $5,000/month, Coffee Stand included in the sale and leased at $1,000/month. Peak Motel consists of 30 rooms and 1 office area. Rooms are being rented daily, weekly, monthly. Buildings sit on 1.75 acres and zoned General Commercial.

Listing Details

Down Payment: $260,000

(Included in Price)

Reason For Sale:

Sellers are retiring

Training & Support:

As negotiated between buyer and seller.

Operation

Year Established: 1971

Managers: Owner Operator

Location

Square Footage: 76230

Facilities Information:

Peak Inn consists of 30 rental units, 1 office space, Restaurant space currently leased at $5,000 per month and Coffee Stand owned by the seller and lease at $1,000 per month. The total building area of approximately 20,000 square feet with a 76,230 square foot lot zoned General Commercial.