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Property profile & analytics
OFF-MARKET
Estimated value
$5,100,000
Hotels
401 6th Ave Anchorage, AK 99501-2638
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US02-0077603
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1979
Total area
316,138 SF
Lot
2 ac (87,120 SF)
Zoning code
B2C CENTRAL BUSINESS
APN
002-094-49-000
UPID
US02-0077603
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Sheraton Fitness Gym & Fitness Center
-
Jade Steak & Seafood Restaurant
-
ATM Atm
-
Ptarmigan Bar & Grill Bar & Pub
-
Renad International Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.10M
Owner & transaction history
Ashford Anchorage · 19 yrs held
Ashford Anchorage
since 2006
6 recorded transactions
Zoning & alternative use
B2C CENTRAL BUSINESS · Anchorage, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Anchorage submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Anchorage submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$16 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$188,406
Tax year 2023
Assessed value
$11,063,200
Assessed 2023
Previous assessed
$11,063,200
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$4,165,200
Assessed improvement
$6,898,000
Land market value
$4,165,200
Improvement market value
$6,898,000
Total market value
$11,063,200
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1979
Heating
HOT WATER
Cooling
CENTRAL
Total area
316,138 SF
Lot
2 ac (87,120 SF)
Zoning code
B2C CENTRAL BUSINESS
APN
002-094-49-000
UPID
US02-0077603
Jurisdiction
ANCHORAGE
Zoning & alternative use
B2C CENTRAL BUSINESS · Anchorage, AK
Zoning B2C CENTRAL BUSINESS · permitted uses
B2C CENTRAL BUSINESS · Anchorage, AK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Anchorage. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Heating
HOT WATER
Cooling
Yes
Lot
2 ac
Current owner
From public records · entity-resolved
Ashford Anchorage
Individual
Mailing address
14185 DALLAS PKWY STE #1100, DALLAS, TX 75254-4308
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2025
—
Ashford Anchorage LP
—
Deed
related
$580,000,000 · Bank Of America NA
Jun 15, 2018
—
Ashford Anchorage LP
—
Deed
related
$160,000,000 · Bank Of America
Dec 13, 2006
$328,510,000
Ashford Anchorage
Mip Anchorage LLC
Trustees Deed
$247,000,000 · Countrywide Com'l R/e Fin
—
—
Ashford Anchorage LP
—
Deed Of Trust
related
$247,000 · Bear Deed/tr Tr 2007-bba8 (ct)
—
—
Ashford Anchorage LP
—
Deed Of Trust
related
$141,933,585 · Morgan Stanley Mtg Cap Holding
—
—
Ashford Anchorage LP
—
Deed Of Trust
related
$160,000,000 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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