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139 Pioneer Dr Valdez, AK 99686

OFF-MARKET Mobile home & RV parks Google Maps
11.02 ac lot Built 1991
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional investment opportunity presents Eagle's Rest RV Park, Alaska's largest RV park, boasting 220 sites encompassing 172 RV sites, 19 cabins, and 29 glamping/tent sites. Situated on 11 acres overlooking Prince William Sound in Valdez, Alaska, this park commands a prime location near the Trans-Atlantic Pipeline, a significant source of high-paying jobs. The park's 2024 revenue is up over 9% compared to 2023, with NOI up nearly 35%. Pre-bookings for 2024 are 131% higher than 2023, indicating strong future performance. Currently operating at 62% occupancy, the park offers substantial upside potential. An on-site, unused 3/2 apartment could generate approximately $2,000 monthly rental income, and the underutilized storage building presents additional revenue opportunities. The addition of more cabin sites promises a high return on investment. Furthermore, an adjacent 14.27 acres of vacant land is available for purchase, providing significant expansion potential. Built in 1991 with renovations in the 2020s, this park is conveniently located along Alaska Route 4, 299 miles from Anchorage and 363 miles from Fairbanks. The asking price is $5,900,000.

Property profile

Verified
Property type Mobile home & RV parks
Year built 1991
Lot 11.02 ac (480,031 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

3 recent transactions · within 1.5 mi
Comparable in this city
3 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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