54-3793 Akoni Pule Hwy

    Kapaau, HI 96755
    • $995,000
    • STATUS: Active
    • ON SITE: 182 days
    • MLS #: 626997
    UPDATED: 51 min ago
    $995,000
    • 9
      BEDS
    • 5.68
      ACRES
    • 8
      BATHS
    • 1
      1/2 BATHS
    • 2,574
      SQFT
    • $387
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1938
    Area:

    School Ratings & Info

    Description

    Once in a lifetime opportunity to own a historic piece of north Hawaii Island! Take the Kohala Club Hotel and make it even better with your own spin on the facility. 9 beds and 8.5 baths make this expansive property the ideal investment for both investors or retirees looking to diversify their portfolio. Facility includes three separate dwellings on 5.68 acres. The 2 story, 1 bed 1.5 bath owners residence was just completely remodeled including an expansive private deck. This property fronts the main road through Kapaau where hundreds of thousands of visitors drive past every year. *Estimated gross profit potential based on current market survey:$90.00 per night 60% occupancy rate8 rooms(owners residence separate)$155,520 gross incomeCentrally located close to Historic Hawi town where you can find some of the best dining, art galleries, and coffee shops on the island. Continue driving east on Highway 270 and youll literally come to the end of the road at the stunning Pololu Valley Overlook. One of a kind unique property! All 3 structures tented in 2017 and comes with a 3 year warranty. Orchard in the back of the lot includes lychee, mango, avocado, Lime, macnut, orange, papaya, and tangerine. Opportunities are endless, just need someone with the vision to take it and run.

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    © 2019 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Aloha Kona Realty, Inc.. Data last updated: 2019-09-15T17:34:18.06.
    www.alohakonarealty.com/homes/92773633

    54-3793 Akoni Pule Hwy Kapaau, HI 96755

    • Price: $995,000
    • Status: Active
    • Updated: 51 min ago
    • MLS #: 626997
    9
    Beds
    8
    Baths
    1
    ½ Baths
    5.68
    Acres
    2,574
    SQFT
    $387
    $/SQFT
    1938
    Built
    Neighborhood:
    Kapaau Village
    Area:
    North Kohala
    Property Description
    Once in a lifetime opportunity to own a historic piece of north Hawaii Island! Take the Kohala Club Hotel and make it even better with your own spin on the facility. 9 beds and 8.5 baths make this expansive property the ideal investment for both investors or retirees looking to diversify their portfolio. Facility includes three separate dwellings on 5.68 acres. The 2 story, 1 bed 1.5 bath owners residence was just completely remodeled including an expansive private deck. This property fronts the main road through Kapaau where hundreds of thousands of visitors drive past every year. *Estimated gross profit potential based on current market survey:$90.00 per night 60% occupancy rate8 rooms(owners residence separate)$155,520 gross incomeCentrally located close to Historic Hawi town where you can find some of the best dining, art galleries, and coffee shops on the island. Continue driving east on Highway 270 and youll literally come to the end of the road at the stunning Pololu Valley Overlook. One of a kind unique property! All 3 structures tented in 2017 and comes with a 3 year warranty. Orchard in the back of the lot includes lychee, mango, avocado, Lime, macnut, orange, papaya, and tangerine. Opportunities are endless, just need someone with the vision to take it and run.
    Exterior Features

    Frontage Road/Street Land Tenure Fee Simple Lot Description ClearGrassyWooded Ocean Front N Pool N Roads County Topography Fairly LevelGradedGentle SlopeLevel Unit Description Ground UnitMulti-DwellingSingle Family HomeSingle Level View ForestGardenMountain

    Interior Features

    Appliances DishwasherMicrowaveRefrigeratorRange/Oven Washer Dryer DryerWasher

    Property Features

    Assessed Value 505400 Assessment Year 2018 Distressed Standard Sale Features Exterior LightingHigh TrafficLandscapedMeeting RoomOfficeStorage Area Lava Zone 9 Phone Service CableCell Power Overhead Property Type BusinessMulti-FamilyResidential Sewer Cesspool Solid Waste Disposal Other (Remarks) Tax Key 354005011 Taxes 4209.00 Terms 1031 ExchangeCashConventional Tv Availability Cable Vehicle Parking Other (Remarks)Unassigned Water Municipal Zoning A-20A

    Listing information © 2019 MLS Hawaii, Inc. All rights reserved.
    Listing courtesy of Keller Williams Realty Maui.


    © 2019 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Aloha Kona Realty, Inc.. Data last updated: 2019-09-15T17:34:18.06.
     
    Aloha Kona Realty, Inc.
    75-5852 Alii Dr. V-14
    Kailua Kona HI, 96740