Anchor Bridge Workforce Housing Campus offers a compelling real estate investment opportunity in Anchor Point, Alaska, strategically positioned to serve the Kenai Peninsula's critical seasonal workforce housing shortage. This nearly completed 21,798 square foot multi-family development sits on 9.09 acres along Old Sterling Highway, just 15 miles from Homer.
The property features 32 private rooms across duplex-style buildings, purpose-built for seasonal and industrial workers in fishing, construction, oil, gas, and tourism industries. Each unit includes shared kitchen and bathroom facilities with electric, natural gas, internet, and water delivery infrastructure already installed.
Key Investment Highlights:
- Prime location with excellent visibility and private access
- High-demand, low-supply market addressing urgent workforce housing needs
- Dual revenue streams through individual rentals and bulk employer leasing
- Clear expansion plans including 43-bed bunkhouse and additional facilities
- Projected positive cash flow by Month 9
- Stabilized cap rate exceeding 20% by Year 4
- Scalable infrastructure supporting future growth
The offering includes approximately $500,000 in remaining completion work, providing buyers with immediate value-add potential. The 2023 construction ensures modern standards and efficiency. This turnkey opportunity addresses a critical market need while offering substantial returns in Alaska's robust seasonal economy.
Ideal for investors or operators seeking to capitalize on the Peninsula's growing industrial and tourism sectors through essential workforce housing solutions.
Ad#:2378712