42706 Old Sterling Highway, Anchor Point, AK 99556
Overview
Description
Supplements: ... (Read more) Designed to meet the urgent housing needs of seasonal and industrial workers in fishing, construction, oil, gas, and tourism, the campus is ideal for both individual rentals and bulk leasing to employers. Each unit features shared kitchen and bathroom facilities, with electric, natural gas, internet, and water delivery already in place. The offering includes approximately $500,000 in remaining completion work to be undertaken by the buyer, with clear plans for expansion including a 48-bed bunkhouse, laundry facilities, and corner lot development. First-year financial projections show positive cash flow by Month 9, with a stabilized cap rate of over 20% by Year 4. The 9.09-acre site offers excellent visibility, private access, and scalable infrastructure. Whether you're an operator or investor looking to meet local housing demand, Anchor Bridge provides an unmatched opportunity in a high-demand, low-supply market.
Listing Details MLS# 25-7227
Location Legal and School Info
- Area
- 482 - Anchor Point to Homer
- Street #
- 42706
- Street Name
- Old Sterling
- Arterial
- Highway
- Closest USPS Town
- Anchor Point
- State
- AK
- Zip Code
- 99556
Contract Info
- Price-List
- 999000
- Date-Listing
- 2025-06-12
- Foreclosure/Bank Own
- No
Property Info
- Realtor.com Type
- Residential - Single Family
- Property Attached/Common Walls
- No
- Construction Status
- Existing Structure
- Beds
- 36
- Bathrooms Full
- 12
- Bathrooms Total
- 12
- SF-Res
- 21798
- Year Built
- 2023
- SF-Lot
- 395960.4
- Lot Area Source
- Tax Authority
- Acres
- 9.09
- Zoning
- UNZ - Not Zoned
- Bathrooms Half
- 0
- Bathrooms Three Quarter
- 0
- Garage Spaces
- 0
- Carport Spaces
- 0
Remarks and Directions
- Directions
- At the junction of the Sterling Hwy and Old Sterling.
Location, Legal, and School Info
- Region
- 1 - Southcentral Alaska Region
- Borough/Census Area
- 1B - Kenai Peninsula Borough
- Grid # (Muni Anch)
- N/A
- Tax Map #-Mat-Su
- N/A
- Tax ID
- 17107031
- School-Elementary
- Chapman
- School-Middle
- Chapman
- School-High
- Homer
- Legal
- T5SR14WSEC 29 & 32
Residential Type
- B & B Potential
- Yes
- Modular
- Yes
- Single Family Res
- Yes
More Information
To Show
- ShowingTime
- Yes
Listing Terms Financing
- Cash
- Yes
- Conventional
- Yes
Heating
- Other
- Yes
Construction Type
- Modular
- Yes
Foundation Type
- Other
- Yes
Wtrfrnt-Access Near
- None
- Yes
Garage Type
- None
- Yes
Wtrfrnt-Frontage
- None
- Yes
Carport Type
- None
- Yes
Water Source
- Cistern
- Yes
- Water Delivered
- Yes
Sewer Type
- Septic Tank
- Yes
Docs Avl for Review
- Docs Posted on MLS
- Yes
Offering Memorandum ›