Pearson's Pond Luxury Inn and Adventure Spa
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Juneau, AK
Offered for sale at $1,849,000
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Award winning and Profitable Bed and Breakfast, Luxury Inn, Adventure Spa, Vacation/Corporate Condos, Booking Service and Owners Home for Sale:
INN LOCATION: Waterfront inn is in Juneau, Alaska;s capital city, and major tourism destination along the famed Inside Passage waterways in southeast Alaska. Adjacent to a river walk, Tongass National Forest Recreation area, lakes and bike paths to the world famous Mendenhall glacie, the inn is only 8 minutes to Juneau International Airport, shopping and departures to Glacier Bay National Park & Pack Creek National Monument, 15 minutes to downtown.
ABOUT JUNEAU AREA: Juneau is named #11 in the U.S. Best Places to Live, and a top 10 best places to retire. This is primarily due to its healthy environment, outdoor lifestyle, mild marine climate, easy access to recreation and nature, highly educated population, low crime, low traffic, clean air, low taxes, government cash benefits & good economy. A great casual, fun place to live, work & play. Mild marine climate averages 32F in winter, 65-75F in summer, Average daylight, 20 hours in summer, 10 hours in winter. Easy Access via 2 hour flight from Seattle, Washington
BUSINESS STYLE: Very profitable unique Luxury Inn/Destination Mini-Resort, plus condos and private owners home. The relaxed, casually elegant Pearsons Pond Luxury Inn & Adventure Spa (flagship business), has subsidiary-divisions: including off-site vacation condos, tour booking, small destination weddings, all of which work hand-in-hand to increase profit and extend guest stays.
GUEST ROOMS: 7 total, includes 5 private guest efficiency studio/demi-suites, plus 2 off-site one-bedroom condos. All with private entrances, sleeping and living space, kitchen/ettes and bath. 5 guest rooms with fireplace, 3 with Jacuzzi, most with waterview deck. (plus separate owners home)
ACREAGE: 1 acre waterfront, professionally landscaped for low maintenance, award-winning gardens with waterfall, fountains, dock, in the wooded rainforest, perched on small, private lake near greenbelt.
BUILDING & OTHER IMPROVEMENTS. About 5,500 sf building space (includes 7 guest units, public areas and separate private owners home (5 studios & 2 off-site condos). Public areas includes Atrium & breakfast lounges, small gym, massage room, extensive decking, waterfall, gardens, dock.
Newly renovated, quality home on-site with 2 bedrooms, + office, 2 baths, living & dining areas, full kitchen, laundry. Open-plan living, 3 split levels, cathedral ceiling, water-views. New stainless steel appliances, & granite.
YEARS IN BUSINESS: Continuous since 1991. Operated year round, though convertible to summer-only 5 month business. Owner is retiring. ZONING/PERMITS: Legal and in-place.
REVENUE/CASHFLOW: Sales from all divisions and packages continue to grow annually. 2008 Sales over $583,000, net cash flow over $315,000. Growth opportunities. Most owner living expenses covered with significant income, tax shelter and lifestyle options. OCCUPANCY: Strong in summer, good in winter.
GROWTH POTENTIAL is good with room to grow.
SPECIAL: Alaska s Only AAA Four Diamond Award property, 2008 Top 10 Romantic Inns, Top 100 Best Wedding Destinations, Top Romantic Destinations in the World, 1,000 Places to See in U.S. and Canada Before You Die. Seen in National Geographic, Sunset, TLC, NBC, ABC, CNN, Fine Living, and more.
Offering price for this investment grade multi-faceted inn is $1,849,000. Capitalization value of business at 11% about $2,450,000. MAI Appraisal available. Available to qualified buyers with cash or solid financing. An excellent investment. Offered Turnkey with furnishings & fixtures, training, inventory, existing deposits and reservations (less commissions), tour and supplier contracts, client list, media contacts, websites, professional photography & B-Roll, quality assurance specifications, specific training gathered over 18 years of building inn/marketing success. Our goal is t
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view from gazebo
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There is 1 additional image available in the Photo Gallery.
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Property Details
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Financial Information
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Contact Information
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- 7 Guest Rooms
- 8 Guest Room Baths
- Has Owner's Quarters
- Built in 1985
- Last Renovated in 2007
- Opened in 1991
- Building is 5,500 SQFT
- Lot is 1 Acres
- Property Website
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- Offered for sale at $1,849,000
- Occupancy Rate: 57%
- Average Daily Rate: 227
- Annual revenue is $583,000
- Terms: Ample profit of $315,000 (2008), with most owners expenses covered, and a great outdoor or relaxed lifestyle make this the perfect investment.
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For more information please contact Diane or Steve Pearson
- Email 1: diane@pearsonspond.com
- Email 2: spearson@gci.net
- Phone 1: 907-789-3772
- Phone 2: 907-586-3281
- Contact Website
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