8750 E Adobe CIR Palmer, AK 99645
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,975 sqft
Price per Sqft $238
MLS Listing ID 25-4799
Bedrooms 10
Full Baths 10
Construction Status Existing Structure
Originating Board Alaska Multiple Listing Service
Year Built 2008
Lot Size 1.190 Acres
Acres 1.0
Property Description
This property is operating using a shared well. There is not a shared well agreement in place. The seller prefers to secure a shared well agreement prior to closing. The well produces adequate water for the 5 chalets and the neighboring home. The seller is obligated to pay $20.00 per month to the owner of the adjacent property for the power for the well pump. Per Pioneer Engineering they were unable to determine the full design for the septic and certified the Cottages with an 8 bedroom Septic System. Well Produced 10.8 GPM. See docs online.
Seller is willing to transfer the AIR BNB bookings contingent on the offer received. Currently there are bookings into the summer totalling about 20K. The seller would like to honor these bookings and assist with the transfer of those bookings to the new owner. If the new owner has a different plan the current owner will shut down the website and cancel all bookings and the new owner can create their own site and start fresh.
The furnishings can be included for the AIR BNBs for an additional 5K or negotiable depending on the purchase price.
Seller will be removing the shed prior to closing. Seller will be removing some artwork(family pieces) that is inside the units as well.
Financials will be provided for the buyer to review during their due diligence period.
Lease Status:
Unit 3 1700 - Long term Rental
Unit 4 1400 Long term rental but available for Owner occupancy
Unit 5 1750 - Long term tenant
Unit 6 Air BNB variable rent rate Annually
Unit 7 AIR BNB Nightly rentals - AIRBNB reputation is excellent and this unit gets 80% return clientele - Established since 2019
Showing:
1 unit will be available for showing and the remaining units can be viewed after receiving an acceptable offer.
Utilities:
Long term tenants
Tenants pay for gas and electric and internet.
Owner does plowing, water, lawn, and trash
Location
State AK
Area Pa - Palmer
Zoning UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
Direction From Palmer, NE on Gleen Hwy to N on Palmer Fishhook. Property will be on the right. From Wasilla E on Trunk Rd to N on Palmer Fishhook.
Interior
Heating Baseboard, Natural Gas, Radiant, Radiant Floor
Exterior
Parking Features None
Roof Type Composition,Shingle,Asphalt
Topography Level
Building
Lot Description Level
Foundation Slab
Lot Size Range 1.0
Sewer Septic Tank
New Construction No
Construction Status Existing Structure
Schools
Elementary Schools Btv-Undiscl By Ll
Middle Schools Btv-Undiscl By Ll
High Schools Btv-Undiscl By Ll
Others
Tax ID 9111000U002
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
