CIP Exclusive Hotel for Sale
$22,000,000 | Midscale | Full-Service | 107 Keys
Hotel, Restaurant & Pub in Ketchikan, Alaska
The Landing Hotel, Restaurant & Pub is a 107 key, full-service, independent, midscale hotel. Located in Ketchikan, Alaska, this property is highly visible in the central business district. In addition, the Landing Hotel has proximity to the Ketchikan International Airport, Airport Ferry, and the main Ketchikan Ferry Terminal. The hotel features ~5,000 sq. ft. of flexible meeting/wedding and event space. Event planning and catering are available on-site and off-site for local events. The Landing Hotel boasts two exceptional dining options, The Landing Restaurant and Jeremiah’s Pub, which are popular with visitors and locals alike. Guest amenities include a lounge area and fireplace, business center, fitness center, restaurant, pub, and courtesy shuttle service.
Guest Room mix includes a selection of Standard Queen, Double Queen, Standard King, Double King, Mini-Suites, Suites, and Accessible Rooms. Room amenities include a mini-refrigerator, microwave, flatscreen TV with cable, high-speed internet (WiFi), coffee maker, and room service.
Request Offering Memorandum & Financials using the form below.
The Landing Hotel Location
Ketchikan, Alaska, is truly the beginning of the last frontier. Set at the southernmost entrance to Alaska’s famed Inside Passage—a network of waterways that snake through some of the most jaw-droppingly beautiful wilderness in the world—Ketchikan is best known for three things: feisty salmon, idyllic scenery, and an incredibly rich Alaska Native culture. Downtown Ketchikan is easily walkable and dotted with historically significant buildings and shops featuring the work of local carvers, weavers, jewelry designers, painters, sculptors, photographers, writers, and more. Outdoor enthusiasts can enjoy year-round activities, including hiking, biking, fishing, ziplining, and more.
Property Features
- 9.58% Cap Rate, 10.89% ROI & 2.76 GRM
- Centrally Located Hotel, Restaurant & Pub
- Proximity To Airport And Ferry Terminal
- Wedding, Event & Meeting Space
- Excellent Mix Of Revenue Streams
- Strong Local Presence – Dining & Catering
- Central Business District Location
- View Property Video
Property Details
Keys: 107
Location: Alaska, Coastal
City: Ketchikan
State: AK
ZIP: 99901
Type: Full-Service, Independent
Cap Rate: 9.58%
GRRM: 2.76
ROI/Cash Flow: 10.89%
Financing: New
Additional Features:
Full-Service, Restaurant, Upper Midscale
Disclaimer
Building size is approximate and all information is obtained from sources deemed reliable but subject to buyer verification. All property tours must be arranged through the broker. DO NOT CONTACT PROPERTY OR EMPLOYEES!
No Broker Co-op Agreement
Please Note: Buyer’s Brokers will need to obtain a Buyer Paid Fee for this property. There is no Broker commission co-op. Please call with questions regarding this requirement.
This listing is in cooperation with Mary Wanzer, CRS (Alaska License# RECB15317)
Photos of The Landing Hotel
Request the Offering Memorandum below for detailed information and photos of this property.
The Landing Hotel Map
Request Offering Memorandum & Financials
If you are a Broker requesting this property for a client, you will need to complete the Buyer Registration in the form below.
