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Greenrock Acquires $8.45M Bridge Loan For Waterfall Resort In Prince Of Wales Island, Alaska

320 Dock Street
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This Other property located in AK was sold for $8,458,000 over 2 years ago. The broker of the deal was Ian Maxwell

The property involved in the transaction is a world-class fishing resort called Waterfall Resort located at 320 Dock St. on Prince of Wales Island, Alaska. The property was acquired through a bridge loan of $8,458,000. The sale was facilitated by Ken Dole as the seller, and the transaction was handled by broker Ian Maxwell from Greenrock.

Summary of transaction details

  • Property Type: Loan
  • Transaction Amount: $8,458,000
  • Address: 320 Dock St.
  • Market: Prince of Wales Island, Alaska

Greenrock, a commercial real estate structured finance specialist, represented the sponsor in the acquisition of Waterfall Resort. For inquiries, please contact Greenrock at www.greenrockcre.com.

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Deals
  • Location
    320 Dock Street, Ketchikan, Alaska 99901, United States320 Dock Street, Ketchikan, Alaska 99901, United States
  • Sale Price
    $8,458,000$8,458,000
    $45 PPSF$45 PPSF
  • Area
    185,085 SF185,085 SF
  • Asset Type
    OtherOther
  • Parties
    1 Broker1 Broker

Agent

Ian Maxwell

Ian Maxwell

Deals1
Sold$8.5M

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Deal Summary

SALE IMAGE: Ian Maxwell DATE: 10/08/2021 ADDRESS: 320 Dock St. MARKET: Prince of Wales Island, Alaska ASSET TYPE: Loan SELLER: Ken Dole BROKER: Ian Maxwell - Greenrock SALE PRICE: $8,458,000 NOTE FROM BROKER: Greenrock, on behalf of the sponsor, closes $8.45M bridge loan for the acquisition of Waterfall Resort, a world-class fishing resort in Alaska. Greenrock is a commercial real estate structured finance specialist. Please reach out for any inquiries. www.greenrockcre.com

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320 Dock Street

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