38120 Great Land

    Sterling, AK 99672
    • $998,000
    • STATUS: Active
    • ON SITE: 69 days
    • MLS #: 18-12346
    UPDATED: 40 min ago
    $998,000
    • 0
      BEDS
    • 1.67
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,444
      SQFT
    • $155
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    Area:

    School Ratings & Info

    Description

    Exclusive Kenai Magic Fishing Lodge! Sellers are including business, clientele list, websites, 6 months mentoring and history of established success. This property features a 1540 sq. ft. main lodge, 6 additional luxury log homes (43 beds),2 staff quarters buildings, 2 storage sheds, and 30 X 40 dining hall. Furniture & Fixtures costing sellers $359,463.00 are only $100,000.00on a separate bill of sale. Sellers loss and your gain! You will love and enjoy the Alaskan Scenery landscaping with pathway to the FAMOUS KENAI RIVER on 1.67 ACRES. This top-notch resort offers dramatic breath taking views of the Famous Kenai River, Mountains and abundant wildlife. This LOCATION is perfect with a great history of 25 years 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 along the front of the property. Fish cleaning tables are provided for their clients added experience. Kenai Magic offers excursions and guided trips sending you established fishing lodge business with a 43-client capacity per day. Kenai Magic offers fly out and chartered site seeing/fishing trips to meet client's needs. Also, offers local drive to fishing charter services to the Kenai and Kasilof Rivers for salmon, and trout. Kenai Magic prides themselves in offering adventures in Zip Lining, Helicopter trips, seal life tours and saltwater fishing charter services for Halibut, Cod, and rock fish! Kenai Magic Lodge strives to guarantee a good time while in the big AK. Listen to the river run 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 Kenai Magic Lodge #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 a main lodge and 6 log homes fully furnished with high end custom made Alaskan furnishings. Award winning style and decor provides you the Alaskan comfort, theme and added experience. Additionally, each log home offers a full kitchen, laundry facility, full bathroom, with open concept space saving designs. Recent modern updates throughout include concrete or stainless modern design counter tops, oversized welcoming decks, large rock nature pathways and trails, exotic flower gardens, and newer water filtration system, engineered commercial well and septic, DSL internet. YOU also have the ability to make additional revenue in the new 30 by 40 dining hall by catering weddings or company events. You can segregate the area to offer more rentals or beds for large groups. The cedar sided interior, soaring ceilings, over-sized windows, grand entrance and polished concrete floors impress, entertain and sustain a large group. You could use this area for a oversized shop, gym or even a dance floor. Peace in mind, this lodge is in a fire service area and on an all year gravel borough maintained road. This is NOT a seasonal subdivision 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 this dream resort a reality. Kenai Magic generates 75% of their guests from both return customers and their website that gets an average of 300 hits per day. The remainder of their business comes from other online booking agencies. POTENTIAL INCOME BELOW FROM SELLER SUMMER INCOME/ON SEASON Kenai Magic Lodge 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. We have the main Lodge and six luxury log home rentals. The rental rate per luxury log home per night varies based upon occupancy. On average, each luxury log home brings in around $300.00 a night. Summer Gross income potential is averaging $162,000 (120 days x 75% occupancy x 6 luxury log homes x $300/night average= $162,000). Guide services pay a 20% referral fee for services offered. 2 to 3 clients will spend on average $1000 a week in activities. This provides Kenai Magic Lodge $12,000.00 a summer in referral fees (per seller). WINTER INCOME/OFF SEASON Main lodge (3 story stick frame building Built in 1992) winter market rents are $1000.00 a month with tenant preforming all maintenance costs to the property. This arrangement worked best for us because we live so far from the lodge and we operate/stay in the lodge only in the summer. 2 of the luxury log homes market rent at $1000.00 a month. Seven months' winter rentals. The main lodge building gross winter revenue is $7,000.00 in off season rental income with all plowing and maintenance taken care of by the tenant. Each luxury log home provides $7,000.00 off season rental income. Total current winter gross is $21,000.00. Only 2 of the smaller log homes (#1 Built in 1995, #2 Built in 1993 per seller) can be rented in the winter time. The other 4 log homes (#3-#4-#5-#6 Built in 2001), once they are skirted at the bottom and water lines are finished can be year round rentals. This upgrade/renovation is estimated at $6,000.00 per cabin and could gain you 4 more log home rentals for the off season; $28,000.00 more revenue (per

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    DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Core Real Estate Group are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing information was last updated on:2018-09-26T01:39:49.967.
    www.alaskarealestatemls.com/homes/85715525

    38120 Great Land Sterling, AK 99672

    • Price: $998,000
    • Status: Active
    • Updated: 40 min ago
    • MLS #: 18-12346
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.67
    Acres
    6,444
    SQFT
    $155
    $/SQFT
    Neighborhood:
    Sterling
    Area:
    Sterling
    Property Description
    Exclusive Kenai Magic Fishing Lodge! Sellers are including business, clientele list, websites, 6 months mentoring and history of established success. This property features a 1540 sq. ft. main lodge, 6 additional luxury log homes (43 beds),2 staff quarters buildings, 2 storage sheds, and 30 X 40 dining hall. Furniture & Fixtures costing sellers $359,463.00 are only $100,000.00on a separate bill of sale. Sellers loss and your gain! You will love and enjoy the Alaskan Scenery landscaping with pathway to the FAMOUS KENAI RIVER on 1.67 ACRES. This top-notch resort offers dramatic breath taking views of the Famous Kenai River, Mountains and abundant wildlife. This LOCATION is perfect with a great history of 25 years 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 along the front of the property. Fish cleaning tables are provided for their clients added experience. Kenai Magic offers excursions and guided trips sending you established fishing lodge business with a 43-client capacity per day. Kenai Magic offers fly out and chartered site seeing/fishing trips to meet client's needs. Also, offers local drive to fishing charter services to the Kenai and Kasilof Rivers for salmon, and trout. Kenai Magic prides themselves in offering adventures in Zip Lining, Helicopter trips, seal life tours and saltwater fishing charter services for Halibut, Cod, and rock fish! Kenai Magic Lodge strives to guarantee a good time while in the big AK. Listen to the river run 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 Kenai Magic Lodge #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 a main lodge and 6 log homes fully furnished with high end custom made Alaskan furnishings. Award winning style and decor provides you the Alaskan comfort, theme and added experience. Additionally, each log home offers a full kitchen, laundry facility, full bathroom, with open concept space saving designs. Recent modern updates throughout include concrete or stainless modern design counter tops, oversized welcoming decks, large rock nature pathways and trails, exotic flower gardens, and newer water filtration system, engineered commercial well and septic, DSL internet. YOU also have the ability to make additional revenue in the new 30 by 40 dining hall by catering weddings or company events. You can segregate the area to offer more rentals or beds for large groups. The cedar sided interior, soaring ceilings, over-sized windows, grand entrance and polished concrete floors impress, entertain and sustain a large group. You could use this area for a oversized shop, gym or even a dance floor. Peace in mind, this lodge is in a fire service area and on an all year gravel borough maintained road. This is NOT a seasonal subdivision 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 this dream resort a reality. Kenai Magic generates 75% of their guests from both return customers and their website that gets an average of 300 hits per day. The remainder of their business comes from other online booking agencies. POTENTIAL INCOME BELOW FROM SELLER SUMMER INCOME/ON SEASON Kenai Magic Lodge 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. We have the main Lodge and six luxury log home rentals. The rental rate per luxury log home per night varies based upon occupancy. On average, each luxury log home brings in around $300.00 a night. Summer Gross income potential is averaging $162,000 (120 days x 75% occupancy x 6 luxury log homes x $300/night average= $162,000). Guide services pay a 20% referral fee for services offered. 2 to 3 clients will spend on average $1000 a week in activities. This provides Kenai Magic Lodge $12,000.00 a summer in referral fees (per seller). WINTER INCOME/OFF SEASON Main lodge (3 story stick frame building Built in 1992) winter market rents are $1000.00 a month with tenant preforming all maintenance costs to the property. This arrangement worked best for us because we live so far from the lodge and we operate/stay in the lodge only in the summer. 2 of the luxury log homes market rent at $1000.00 a month. Seven months' winter rentals. The main lodge building gross winter revenue is $7,000.00 in off season rental income with all plowing and maintenance taken care of by the tenant. Each luxury log home provides $7,000.00 off season rental income. Total current winter gross is $21,000.00. Only 2 of the smaller log homes (#1 Built in 1995, #2 Built in 1993 per seller) can be rented in the winter time. The other 4 log homes (#3-#4-#5-#6 Built in 2001), once they are skirted at the bottom and water lines are finished can be year round rentals. This upgrade/renovation is estimated at $6,000.00 per cabin and could gain you 4 more log home rentals for the off season; $28,000.00 more revenue (per
    Exterior Features

    Access Type Dedicated RoadGovernmentGravelMaintained Construction Type LogOtherWood FrameWood Frame - 2X6 Exterior Finish LogWood Foundation Type PilingsSlab Parking Spaces 15.00 Roof Type Metal View Type River

    Interior Features

    Features Commercial Dsl/Cable AvailableHw Heater - GasLiving QuartersMaster Meter - ElecMaster Meter - GasOn-Site ParkingOther - See RemarksOverhead Door(S)Restroom(S)-PrivateWtrfnt-Actual Frntg Flooring Type Other - See RemarksSlab Fuel Type Elec-Common MeterGas-Common MeterNatural Gas Heat Type BaseboardIn-Floor HeatMonitorOther - See RemarksRadiant Walls Other - See RemarksPlasterWood

    Property Features

    Borough Census Area 1B - Kenai Peninsula Borough Building Name Kenai Magic Lodge Building Status Owner Occupied Business Includes Land & Building Business Name Kenai Magic Lodge Business Type B & BCommission SalesProfessional Service Construction Status Existing Structure Minimum EMDeposit 5000.00 New Finance Terms CashOther - See Remarks Region 1 - Southcentral Alaska Region Sewer Type Septic Tank Tax Year 2018 Taxes 7875.80 Water Type Private Zoning Unk - Unknown

    Listing Office Exp Realty, Llc. Copyright 2013 Alaska Multiple Listing Service, Inc. All rights reserved.
    DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Core Real Estate Group are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing information was last updated on:2018-09-26T01:39:49.967.
     
    Core Real Estate Group
    10421 VFW Rd
    Eagle River AK, 99577