Share This Listing

Message

956 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

42706 Old Sterling hwy 36 Unit Mobile Home Park $999,000 ($27,750/Unit) Anchor Point, AK 99556

Save this listing!

Favorite this listing to get notified of price updates, new media and more

Investment Highlights

  • High-demand, low-supply market addressing urgent workforce housing needs
  • Clear expansion plans including 43-bed bunkhouse and additional facilities
  • Stabilized cap rate exceeding 20% by Year 4
  • Dual revenue streams through individual rentals and bulk employer leasing
  • Projected positive cash flow by Month 9
  • Scalable infrastructure supporting future growth

Executive Summary

Solving seasonal workforce housing needs on the Kenai Peninsula.
Anchor Bridge Workforce Housing Campus offers a compelling real estate investment opportunity in Anchor Point, Alaska, strategically positioned to serve the Kenai Peninsula's critical seasonal workforce housing shortage. This nearly completed 21,798 square foot multi-family development sits on 9.09 acres along Old Sterling Highway, just 15 miles from Homer.
The property features 32 private rooms across duplex-style buildings, purpose-built for seasonal and industrial workers in fishing, construction, oil, gas, and tourism industries. Each unit includes shared kitchen and bathroom facilities with electric, natural gas, internet, and water delivery infrastructure already installed.
Key Investment Highlights:
- Prime location with excellent visibility and private access
- High-demand, low-supply market addressing urgent workforce housing needs
- Dual revenue streams through individual rentals and bulk employer leasing
- Clear expansion plans including 43-bed bunkhouse and additional facilities
- Projected positive cash flow by Month 9
- Stabilized cap rate exceeding 20% by Year 4
- Scalable infrastructure supporting future growth
The offering includes approximately $500,000 in remaining completion work, providing buyers with immediate value-add potential. The 2023 construction ensures modern standards and efficiency. This turnkey opportunity addresses a critical market need while offering substantial returns in Alaska's robust seasonal economy.
Ideal for investors or operators seeking to capitalize on the Peninsula's growing industrial and tourism sectors through essential workforce housing solutions.

Data Room Click Here to Access

Property Facts

Price $999,000
Price Per Unit $27,750
Sale Type Investment
No. Units 36
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Apartments
  • Office Office Residential
  • Multifamily Dormitory
Building Class C
Lot Size 9.09 AC
Building Size 21,798 SF
No. Stories 1
Year Built 2023
Zoning Unzoned - Unzoned

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+0 36 - -

Property Taxes

Property Taxes

Parcel Number
171-070-31
Land Assessment
$49,500
Improvements Assessment
$404,400
Total Assessment
$453,900
  • Listing ID: 39601893

  • Date on Market: 2/27/2026

  • Last Updated:

  • Address: 42706 Old Sterling hwy, Anchor Point, AK 99556

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}