$1,300,000
4888 Old Airport RoadFairbanks, AK 99709
MLS# 20-1900
Status: Closed
21000 sqft
1 / 36
Property Description
This 60 Room Motel has been in operation since early 1970's and has enjoyed an awesome airport location with less than 5 minutes from FBX International Airport Good room rates and good occupancy percentages summer and winter Family run so it's a money maker. The last 3 years show 7,451 average room rental per year It also offers the 60
Details
Maps
Documents
Contract Info
Price-List: 1300000
Date-Listing: 2020-02-11
Status: Closed
Commission Type: %
Commission to SO: 2
EM Minimum Deposit: 25000
Foreclosure/Bank Own: No
Sold Info
Date-Pending: 2021-01-13
Date-Closing: 2021-04-23
Location, Tax and Legal
Region: 3 - Interior & North Alaska Regions - All
Borough/Census Area: 3C - Fairbanks North Star Borough
Area: 725 - West Fairbanks
Street #: 4888
Street Name: Old Airport
Arterial: Road
Closest USPS Town: Fairbanks
State: AK
Zip Code: 99709
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Taxes (Estimated): 20000
Tax Year: 2019
Legal: long legal in file
Property Info
Type of Property: Single Use
Building Type: Class B
Realtor.com Type: Commercial
Construction Status: Existing Structure
Building Status: Vacant
% of Space Leased: 50
Acres: 1.6
SF-Lot: 69696
Lot Area Source: Tax Authority
SF-Res: 21000
Floors: 2
Zoning: GC - General Commercial
Year Built: 1969
Directions and Remarks
Directions: East end FBX Airport on Old Airport Road Across for Polaris Dealership.
Value/Income/Expense
Total Assessed Value: 1216885
Property Features
Primary Space: Hospitality
Construction Type: Wood Frame
Foundation: Poured Concrete
Roof Type: Asphalt
Water: Public
Features-Commercial: Corner Lot; Living Quarters; Separate Meter-Elec; Stand Alone Unit; Trailside
Access: Dedicated Road
View Type: City Lights; Mountains
New Finance (Terms): Conventional
Documents: Docs Posted on MLS; Package Available
Supplements
accommodations, which are accessible via exterior corridors and feature complimentary toiletries. Cable television is provided. Bathrooms include shower/tub combinations. This Fairbanks motel Also provides complimentary wireless Internet access Good records are available with a Signed Purchase and Sale Agreement and Earnest money of $25,000 to be held in Title Company Trust Account. No offers acceptable on a residential MLS form. New owner could upgrade to natural gas and save heating costs over current electric.
Sale Package 
Listing Office: SSS Commercial Real Estate
Last Updated: April - 23 - 2021
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 the site owner are marked with 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. Site contains live data.
Thursday 25th of April 2024 04:37 AM