This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Monti Bay Lodge 713 Sandy Beach Dr

5 Room Hotel Yakutat, AK 99689 $4,619,936 CAD ($923,987 CAD/Room) 9.70% Cap Rate

Executive Summary

Monti Bay Lodge is one of top eco-adventure fishing lodges in world renowned Yakutat, Alaska home of the Situk River. The lodge operates seasonally April 1st thru Oct 15th but can be a profitable winter business with the right management. Yakutat features bi-daily jet service thru Alaska Airlines from Seattle or Anchorage.
Yakutat host some of the most prolific river, bay and ocean fishing in Alaska. The Situk is home to the largest known population of wild Steelhead where 60% of Steelhead caught, come from the Situk.
Monti Bay Lodge is know for providing the finest accommodations in Yakutat and surrounded by incredible beauty
* 21 years of operation
* Booking up again for next year
* 4 properties (3 waterfront and warehouse)
* 38 guest capacity
* Being sold with everything included as a operational lodge
* Huge growth potential with waiting list for Aug/Sept
* Could be run by 1 person. Great couple's investment!

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $656,966 $94.92
Other Income - -
Vacancy Loss - -
Effective Gross Income $656,966 $94.92
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $656,966
Annual Per SF $94.92
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $656,966
Annual Per SF $94.92
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $4,619,936 CAD
Price Per Room $923,987 CAD
Sale Type Investment
Cap Rate 9.70%
Sale Conditions
1031 Exchange
  • Business Value Included
Property Type Hospitality
Property Subtype
Hotel
Building Class B
Building Size 6,921 SF
No. Rooms 5
No. Stories 2
Year Built/Renovated 1985/2016
Parking Ratio 1.44/1,000 SF
Corridor Exterior

Amenities

  • Beach (direct access)
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites

About 713 Sandy Beach Dr , Yakutat, AK 99689

Lot 1 is a 1.25 acre waterfront lot with 2 cabins on it and 136! of spectacular ocean front. Lot 2 is a 7500 sq ft lot with 50 feet of ocean front and triplex suites on it. Lot 3 is a 7500 sq ft lot with 50 feet of ocean front with a Tiny house for management Lot 4 is a .32 acre lot with a 2600 sq ft warehouse. Warehouse is 16 feet high with mezzanine. Warehouse used to store all vans and boats in winter.

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 5 $330.61 CAD -

zoning

Zoning Code commercial waterfront
commercial waterfront
  • Listing ID: 33527707

  • Date on Market: 2024-10-15

  • Last Updated:

  • Address: 713 Sandy Beach Dr, Yakutat, AK 99689

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}