66445 Oil Well Road, Ninilchik, AK 99639 (MLS# 26-1399)

Multi-Family Type: 5+ Units; Other - See Remarks

Exterior Finish: Log; Wood; Other - See Remarks

Roof Type: Metal

Foundation Type: Poured Concrete; Treated Posts

Construction Type: Log; Wood Frame; Other

Garage Type: None

Carport Type: None

Heating: Floor Furnace; Natural Gas

Sewer-Type: Septic Tank

Water Source: Private; Well

Access Type: Dedicated Road; Government; Paved; Maintained

Topography: Level

Wtrfrnt-Frontage: None

Wtrfrnt-Access Near: Creek; Ocean; River

Features-MultiFamily: CO Detector(s); Smoke Detector(s); Washer/Dryer HkUp

Flooring: Linoleum; Luxury Vinyl; See Remarks

Docs Avl for Review: As-Built; Docs Posted on MLS; Prop Discl Available; Soils Test; Well & Septic Test; Other - See Remarks

Listing Terms Financing: Cash; Conventional; Other

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