77-6435 Kuakini Hwy

    Kailua-Kona, HI 96740
    • $750,000
    • STATUS: Active
    • ON SITE: 255 days
    • MLS #: 623726
    UPDATED: 82 min ago
    $750,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 2
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1987
    Area:

    School Ratings & Info

    Description

    Great investment opportunity with long term tenant in place. Redevelop potential for upstairs. Close to downtown. 4,381 rent-able square feet. Current tenant rents 3,173 square feet of building with 1,209 square feet of vacant office space. Current tenant lease expires on 2/22/2022. Contract income equates to a 6.3 CAP rate, adding rental from vacant space and CAP rate will increase.

    Monthly Payment Calculator



    © 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: 2019-08-19T00:34:16.017.
    www.alohakonarealty.com/homes/89908677

    77-6435 Kuakini Hwy Kailua-Kona, HI 96740

    • Price: $750,000
    • Status: Active
    • Updated: 82 min ago
    • MLS #: 623726
    0
    Beds
    0
    Baths
    2
    ½ Baths
    0.23
    Acres
    1987
    Built
    Neighborhood:
    Sunset View Terrace Lots
    Area:
    North Kona
    Property Description
    Great investment opportunity with long term tenant in place. Redevelop potential for upstairs. Close to downtown. 4,381 rent-able square feet. Current tenant rents 3,173 square feet of building with 1,209 square feet of vacant office space. Current tenant lease expires on 2/22/2022. Contract income equates to a 6.3 CAP rate, adding rental from vacant space and CAP rate will increase.
    Exterior Features

    Fence Chain Link Land Tenure Fee Simple Ocean Front N Pool N Roads County View Ocean

    Interior Features

    Appliances None

    Property Features

    Assessed Value 797700 Assessment Year 2018 Distressed Standard Sale Lava Zone 4 Lot Number 13 Power Overhead Property Type Commercial Sewer Septic Solid Waste Disposal Private Contractor Tax Key 377009013 Taxes 3905.00 Terms 1031 ExchangeCashConventional Water Municipal Zoning Cn-10

    Listing information © 2019 MLS Hawaii, Inc. All rights reserved.
    Listing courtesy of Koa Realty, Inc..


    © 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: 2019-08-19T00:34:16.017.
     
    Aloha Kona Realty, Inc.
    75-5852 Alii Dr. V-14
    Kailua Kona HI, 96740