Stable urban park in Anchorage Alaska. Upside. Rare opportunity.
Anchorage, AK
Asking price
$2,460,000
Sites
30
Cap rate
7.00%
Price / site
$82,000
About this property
Description You won't find a more stable, solid park. All long term, reliable residents who pay on time. Excellent location in town: convenient and quiet, surrounded by $350k-600K homes. Possible 2 park package described below. Honestly, if you went to $800 lot rents, you wouldn't lose any tenants here. City water, sewer, gas, electric. All tenants are on Paylease/Zego/Cashpay so there is pretty much no management. No common areas. It is an excellent park. I wouldn't sell, but have unexpected liquidity needs. Price includes $80K escrow for new asphalt on roads. Anchorage is a beautiful and industrious city that is being discovered. With development bounded on all sides, it has a tightening housing market. It has a growing and diverse economy, with the two main economic drivers being defense and oil; two sectors that are looking very strong this next decade. As with many strong urban parks, $1000/mo lot rents are likely in the 5-10yr timeframe. Park has a clean Phase I, and a mortgage with Northrim Bank, who would likely work with the property again as I have a perfect payment record with them. Owning this park is a great excuse to expense travel for hiking, fishing, hunting, etc. Picture is of seller with king salmon caught 10 minutes from park. Property is in a Qualified Opportunity Zone ( https://www.irs.gov/credits-deductions/businesses/opportunity-zones ) Bonus depreciation: everything outside of the land value in this park is bonus depreciable. Thus the purchaser can bonus depreciate over $2M of purchase price. Ask your CPA (or my CPA) about bonus depreciation. You can text 252-375-4569 or email mcniel6@yahoo.com I have a second park of almost exact size and numbers a mile away. Not quite as nice. Open to package deal.
All details
| Asking price | $2,460,000 |
|---|---|
| Sites | 30 |
| Price per site | $82,000 |
| Cap rate | 7.00% |
| Year built | 1973 |
| First seen | Sep 6, 2026 |
| Last verified | Sep 7, 2026 |
