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720 W 5th Ave
Anchorage, AK 99501

$38,000,000 USD

Hotel For Sale  •  144,102 SF

Property Details

• Property Type Hotel
• Total Building Size 144,102 SF
• Lot Size 0.61 AC
• Building Class A
• Year Built 1970
• Tenancy Multiple
• Zoning B2B

52 Transit Score

83 Walk Score

Highlights

Well-Appointed Thirteen-Story Hotel Centrally Located in Downtown Anchorage, Alaska

Property can Remain Independent or be Converted to a Franchise

Anchorage is One of the Top Lodging Markets in the Country in Terms of RevPAR Growth

High Barriers to Entry in the Downtown Anchorage Market

Offered Below Replacement Cost

Nearby Attractions Include Anchorage Museum, Captain Cook Monument, Alaska Center for Performing Arts, Alaska Zoo and More

Amenities

• Business Center
• Fitness Center
• Restaurant
• Room Service
• High Speed Internet Access
• On-Site Bar
• Meeting Event Space
• Public Access Wifi
• Smoke-Free

Public Transportation

Airport	Drive	Walk	Distance
Merrill Field	8 min	-	3.5 mi
Ted Stevens Anchorage International	11 min	-	6.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	26
Type:	Surface
Included in Rent:	Yes