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Six-Suite Short-Term Rental
For Sale
$680,000

301 Erceg Street, Fairbanks, AK 99701

Established lodging property near downtown Fairbanks with refreshed suites and a guest sauna program.

Property Size3,400 SF
Price / SF$200
Days on Market55

Property Features for 301 Erceg Street

General Information

Standard status Active
Size 3,400 SF
Property subtype Multi-Family

Additional Details

Furnished No
Asking Price $680,000
Multifamily Units 6

Amenities

guest sauna

Building Details

Year Built 2006
Listing Agency: Real Broker, LLC
Listed By: Gary Gallemore · License #154233
Source: Alaskapropertyadvisors
Added: Jul 9 Changed: Aug 31 Last Checked: Aug 31 at 3:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker, LLC

Investment Insights

Based on property information with market context.

The Adamina is a 3,400-square-foot short-term rental property completed in 2006 and configured with six suites. Since opening on July 4, 2021, five suites have historically served overnight guests, while the sixth has been used as owner housing. That additional suite may also support on-site management or be placed into the rental rotation, subject to the buyer’s operating plan. Several suites have received renovations or refresh work in recent years, and the property includes a guest sauna program oriented toward the winter lodging season.

Located just off the downtown Fairbanks area at 301 Erceg Street, the property has existing reservations extending into 2027. The operation also includes established booking-platform history and guest reviews. Furniture, operating equipment, and other business assets are subject to separate negotiation rather than included automatically with the real estate.

Key Highlights

  • Six‑suite short‑term rental property near downtown Fairbanks
  • 3,400 SF property completed in 2006
  • Opened July 4, 2021

Property Analytics

Current Use

The Adamina Hotel & Motel

Lease Details

6
Residential units

Location Intelligence

Demographics for 99701, AK

18,357
Population
8,757
Households
2.1
Avg Household Size
34
Median Age
25%
College-Educated
93%
High-School Grad
545.2 sq mi
ZIP Area
34
Density / Sq Mi
$73,551
Median Household Income
$41,782
Median Earnings
$1,233
Median Rent
$235,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Established lodging property near downtown Fairbanks with refreshed suites and a guest sauna program.
Where is this short term rental property located?
The property is located at 301 Erceg Street Fairbanks, AK.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Six‑suite short‑term rental property near downtown Fairbanks; 3,400 SF property completed in 2006; Opened July 4, 2021
More about this property
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