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INVESTMENT HIGHLIGHTS
- Capital Improvements: Since 2009 over $2,495,000 has been invested in capital improvements and upgrades
- Current Financial Performance: Projected (NOI) for 2025 is $1,920,540
- Tenants: All the properties have several federal and State of Alaska government, long-term leases
- Stabilized Tenant Base: Strawberry Hill, Dutch Properties, and Harbor View boasts a roster of reliable, long-term Federal and State Tenants
- Full Occupancy Potential: Upon reaching 100% occupancy, This portfolio is projected to generate over $2,118,000 in annual NOI
EXECUTIVE SUMMARY
Strawberry Hill, Dutch Properties, and Harbor View properties are packaged and offered for sale. These properties were acquired by the current owner in 2009. Throughout this 16 year period, the owners have consistently invested in all the buildings and their tenants, contributing to a long-standing success and a strong reputation in the community.
Operational Stability
Despite the logistical challenges posed by Dutch Harbor’s remoteness and climate, the current owner offer a turnkey, established and highly
reliable local management team supported by trusted contractors, leading to efficient and cost-effective operations.
Buyer Opportunities
The Dutch Harbor portfolio presents an ideal investment for both owner-users and investors familiar with the unique dynamics of the Dutch Harbor market.
Support Transition: To ensure a seamless ownership transition, the seller offers to manage the property for 1-2 years, providing valuable continuity.
Local Expertise: Buyers will have the option to retain the skilled local management team already in place.
Economic Stability
Dutch Harbor's economy, driven by its vital role in the U.S. seafood supply chain, has remained stable for the last 15 years. While annual fish
harvests may fluctuate, the region's strategic importance ensures long-term economic resilience.
Conclusion
These Properties are a rare and valuable investment opportunity in a high-performing market. We invite interested parties to consider this
well-maintained, profitable asset with significant upside and even greater potential.
Operational Stability
Despite the logistical challenges posed by Dutch Harbor’s remoteness and climate, the current owner offer a turnkey, established and highly
reliable local management team supported by trusted contractors, leading to efficient and cost-effective operations.
Buyer Opportunities
The Dutch Harbor portfolio presents an ideal investment for both owner-users and investors familiar with the unique dynamics of the Dutch Harbor market.
Support Transition: To ensure a seamless ownership transition, the seller offers to manage the property for 1-2 years, providing valuable continuity.
Local Expertise: Buyers will have the option to retain the skilled local management team already in place.
Economic Stability
Dutch Harbor's economy, driven by its vital role in the U.S. seafood supply chain, has remained stable for the last 15 years. While annual fish
harvests may fluctuate, the region's strategic importance ensures long-term economic resilience.
Conclusion
These Properties are a rare and valuable investment opportunity in a high-performing market. We invite interested parties to consider this
well-maintained, profitable asset with significant upside and even greater potential.
PROPERTY FACTS
| Price | $19,500,000 | Number of Properties | 4 |
| Price / SF | $258.37 / SF | Individually For Sale | 0 |
| Cap Rate | 10% | Total Building Size | 75,474 SF |
| Sale Type | Investment | Total Land Area | 9.69 AC |
| Status | Active |
| Price | $19,500,000 |
| Price / SF | $258.37 / SF |
| Cap Rate | 10% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 75,474 SF |
| Total Land Area | 9.69 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 2568 Airport Beach Rd, Dutch Harbor, AK 99692 | Flex | 33,425 SF | 1990 | - |
|
Harbor View
17 Driftwood Way, Unalaska, AK 99692 |
Multifamily | 8,512 SF | 1990 | - |
|
Cape Cheerful
197 Driftwood, Unalaska, AK 99692 |
Multifamily | 8,252 SF | 1991 | - |
|
Dutch Harbor Mall
179 Gilman, Unalaska, AK 99692 |
Retail | 25,285 SF | 1971 | - |
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