720 W 5th Ave | Anchorage, AK 99501
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- LoopNet Team
720 W 5th Ave
Anchorage, AK 99501
Anchorage Hotel 750 W 5th Ave · Hospitality Property For Sale
·
144,102 SF
INVESTMENT HIGHLIGHTS
- Well-Appointed Thirteen-Story Hotel Centrally Located in Downtown Anchorage, Alaska
- Anchorage is One of the Top Lodging Markets in the Country in Terms of RevPAR Growth
- Offered Below Replacement Cost
- Property can Remain Independent or be Converted to a Franchise
- High Barriers to Entry in the Downtown Anchorage Market
- Nearby Attractions Include Anchorage Museum, Captain Cook Monument, Alaska Center for Performing Arts, Alaska Zoo and More
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 14 |
| Property Subtype | Hotel | Year Built/Renovated | 1970/2016 |
| Building Class | B | Parking Ratio | 0.18/1,000 SF |
| Lot Size | 0.61 AC | Corridor | Interior |
| Building Size | 144,102 SF | ||
| Zoning | B2B - Hotel/Motel - Low Rise 1-4 Levels | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.61 AC |
| Building Size | 144,102 SF |
| No. Stories | 14 |
| Year Built/Renovated | 1970/2016 |
| Parking Ratio | 0.18/1,000 SF |
| Corridor | Interior |
| Zoning | B2B - Hotel/Motel - Low Rise 1-4 Levels |
AMENITIES
- Business Center
- Fitness Center
- Restaurant
- Room Service
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 00210140000 | Improvements Assessment | $12,357,700 |
| Land Assessment | $2,036,300 | Total Assessment | $14,394,000 |
PROPERTY TAXES
Parcel Number
00210140000
Land Assessment
$2,036,300
Improvements Assessment
$12,357,700
Total Assessment
$14,394,000
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