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About This Home
This 0-bedroom, 7-bathroom residential multi family at 66445 Oil Well Road in Ninilchik, AK is listed for $530,000 ($183 per sqft). Built in 2010, the home offers 2,899 sqft of living space on a 1.00 acres lot.
An incredible opportunity to transform ''Ninilchik Cabins and Cafe'' into your own Commercial Operation! 1,267 square foot Cafe PLUS 7 efficiency rental cabins and a laundry/storage build on 2 lots (1.94 acres)!! Currently, the cabins alone bring in a substantial NET profit as monthly rentals, while the cafe is ready to work for a baker, a chef's kitchen.
Insurance replacement value $1,101,700.00 CREATE a dream fishing experience, just minutes from WORLD CLASS fishing. (2 miles from Deep Creek Boat Launch) Just think of all the amazing ways you could amplify this property by adding RV hook ups, a drive through coffee cart and more!
Utilize the commercial kitchen to its fullest potential, curate a gift shop, add more cabins... the list goes on! Two wells, two septic systems, tons of available parking space for cars, boats, trailers.... 7 Studio Cabins are each outfitted with a kitchen/kitchenettes, shower, bed, natural gas heater, and sunny front deck with laundry and utilities in Cabin #8.
Cafe outfitted with Commercial Kitchen and Quaint Seating Area for you and your clients to enjoy for years to come. This property is beaming with pride in ownership. Sellers have done so many updates with efficient water heaters, heating systems, and more!
Current Leases All cabins are full through April utilities included. Cabin #1 $850.00 Cabin #2 $900.00 Cabin #3 $850.00 Cabin #4 $850.00 Cabin #5 $900.00 Cabin #6 $1,100.00 Cabin #7 $1,200.00 2022 Gross Income $51,992.00 ($4,332.66 a month) 2023 Gross Income $46,537.33 ($3,878.11 a month) 2024 Gross Income $52,246.55 ($4,353.88 a month) 2025 Gross
Income $58,603.34 ($4,883.61 a month) Expenses Annual (1 Year/12 Months) $112.75 Square/Credit Card Processor $1,019.88 ACS Internet $158.90 Office Supplies $5,966.69 Enstar $3,990.01 HEA $3664.90 Property Tax $3,985.63 Property Insurance/Business Insurance $4,271.36 Maintenance $100.00 Business License Total $23,270.12 ($1939.18 a month) Plus Below 2 Items Below *Sales Tax Varies Depending On Rents (monthly vs nightly) *Seller hauls their own garbage
Key Features
- Built in 2010
- 1.00 acre lot
Property Details
Monthly Cost Estimate
$2,835/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
66445 Oil Well Road
Ninilchik, AK 99639
Deep Creek Estates #3
Property Details
Flooring
Construction
Heating
Questions & Answers
This 0-bedroom, 7-bathroom residential multi family at 66445 Oil Well Road is listed at $530,000 ($183/sqft). The estimated monthly payment is $2,297 based on 20% down at 6.5% interest.
Key features include: Built in 2010, 1.00 acre lot.
This property is listed by Katie Uei and can be reached at 9073983864 or KatieUei@gmail.com.
