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    38120 Greatland Street

    Sterling, AK 99672
    • $1,100,000
    • STATUS: Active
    • ON SITE: 122 Days
    • MLS #: 21-9546
    UPDATED: 21 min ago
    $1,100,000
    • 14
      BEDS
    • 1.67
      ACRES
    • 8
      BATHS
    • 0
      1/2 BATHS
    • 6,444
      SQFT
    • $171
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1995
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    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. This amount is included as part of the asking price. 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 dcor provides you the Alaskan comfort, theme and added experience. Additionally, each log home offers a full kitchen, full bathroom, with open concept space saving designs. Recent modern updates throughout include concrete or stainless modern design counter tops, over-sized 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 over-sized 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 on average 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. 6 of the luxury log homes market winter rent at $1200.00-$1,400.00 a month for the seven months' of winter rentals. The main lodge building gross winter revenue is $8,000.00 in off season rental income with all plowing and maintenance taken care of by the tenant. Each luxury log home provides $10,400.00 each ($62,400.00 total) off season rental income. OTHER WAYS TO GENERATE REVENUE FROM SELLER 1-Kenai Magic Lodge has offered meal service in the past at various times. How much you can make on that service again depends on how much of the work you do yourself and what you feel that service is worth to your clients. Clarissa is an excellent chef and enjoys preparing gourmet meals so she added a sign

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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 Team Dimmick | Keller Williams Realty Alaska 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: 2021-10-21T16:39:27.333.

    www.teamdimmick.com/homes/118525137
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    38120 Greatland Street Sterling, AK 99672

    • Price: $1,100,000
    • Status: Active
    • Updated: 21 min ago
    • MLS #: 21-9546
    14
    Beds
    8
    Baths
    0
    ½ Baths
    1.67
    Acres
    6,444
    SQFT
    $171
    $/SQFT
    1995
    Built
    Neighborhood:
    Sterling
    Area:
    Sterling
    Elementary School:
    Btv-Undiscl By Ll
    Middle School:
    Btv-Undiscl By Ll
    High School:
    Btv-Undiscl By Ll
    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. This amount is included as part of the asking price. 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 dcor provides you the Alaskan comfort, theme and added experience. Additionally, each log home offers a full kitchen, full bathroom, with open concept space saving designs. Recent modern updates throughout include concrete or stainless modern design counter tops, over-sized 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 over-sized 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 on average 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. 6 of the luxury log homes market winter rent at $1200.00-$1,400.00 a month for the seven months' of winter rentals. The main lodge building gross winter revenue is $8,000.00 in off season rental income with all plowing and maintenance taken care of by the tenant. Each luxury log home provides $10,400.00 each ($62,400.00 total) off season rental income. OTHER WAYS TO GENERATE REVENUE FROM SELLER 1-Kenai Magic Lodge has offered meal service in the past at various times. How much you can make on that service again depends on how much of the work you do yourself and what you feel that service is worth to your clients. Clarissa is an excellent chef and enjoys preparing gourmet meals so she added a sign
    Exterior Features

    Access Type Dedicated RoadGovernmentGravel Carport Spaces 0 Construction Type LogWood FrameWood Frame - 2X6 Exterior Finish LogWood Foundation Type OtherPilingsSlabUnknown-Btv Garage Type DetachedHeatedOther-See Remarks Parking Spaces 15.00 Roof Type Metal Topography BluffLevelOther-See Remarks Unit1 Parking Spaces 2 Unit2 Parking Spaces 2 Unit3 Parking Spaces 2 Unit4 Parking Spaces 2 Unit5 Parking Spaces 2 Unit6 Parking Spaces 2 Unit7 Garage 4 Unit7 Parking Spaces 2 View Type MountainsRiverUnobstructed Waterfront Access Near None Waterfront Frontage River Waterfront Name Kenai River

    Interior Features

    Fuel Type Natural Gas Heat Type BaseboardIn-Floor HeatKerosene/Oil Heater Unit1 Bath Full 2 Unit1 Bedroom 2 Unit1 Dining Room 1 Unit1 Kitchen 1 Unit1 Living Room 1 Unit2 Bath Full 1 Unit2 Bedroom 2 Unit2 Dining Room 1 Unit2 Kitchen 1 Unit2 Living Room 1 Unit3 Bath Full 1 Unit3 Bedroom 2 Unit3 Dining Room 1 Unit3 Kitchen 1 Unit3 Living Room 1 Unit4 Bath Full 1 Unit4 Bedroom 2 Unit4 Dining Room 1 Unit4 Kitchen 1 Unit4 Living Room 1 Unit5 Bath Full 1 Unit5 Bedroom 2 Unit5 Dining Room 1 Unit5 Kitchen 1 Unit5 Living Room 1 Unit6 Bath Full 1 Unit6 Bedroom 2 Unit6 Dining Room 1 Unit6 Kitchen 1 Unit6 Living Room 1 Unit7 Bath Full 3 Unit7 Bedroom 4 Unit7 Dining Room 1 Unit7 Kitchen 1 Unit7 Living Room 1

    Property Features

    Borough Census Area 1B - Kenai Peninsula Borough Construction Status Existing Structure Features Multifamily Co Detector(S)Dsl-Cable AvailableLaundry FacilityOwner OccupiedRv ParkingShedSmoke Detector(S)Tenant StorageVaulted Ceiling(S)Washer/Dryer Foreclosure Bank Owned No Mortgage Info EMMinimum Deposit 5000.00 Multifamily Type 5+ UnitsOther - See Remarks New Finance Terms CashOther-See Remarks Region 1 - Southcentral Alaska Region Sewer Type Septic Tank Tax Year 2020 Taxes 7381.20 Water Type Private Year Remodeled 2021.00 Year Updated 2021.00 Zoning Unz - Not Zoned

    Listing Office Exp Realty, Llc. Copyright 2021 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 Team Dimmick | Keller Williams Realty Alaska 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: 2021-10-21T16:39:27.333.

     
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