Description
This is a leasehold property. This is your opportunity to farm in verdant Honaunau. This property has soil and before being planted in coffee, was a tomato and vegetable farm. Its higher elevation boasts the cloud-cover that naturally shades the Kona Coffee crop, and makes big juicy cherry. There is no provision in the lease for a dwelling. A new 35 year Productive Agricultural Lease that was Issued 5/12/2023. It has the advantage of having all of its Lease Rents fixed for the term of the lease There are modest step ups every 5 years. Additional 3.5% of gross income that exceeds base lease rent. A copy of the lease is attached as an addendum (paper clip icon)
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0BEDS
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3.5ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
This is a leasehold property. This is your opportunity to farm in verdant Honaunau. This property has soil and before being planted in coffee, was a tomato and vegetable farm. Its higher elevation boasts the cloud-cover that naturally shades the Kona Coffee crop, and makes big juicy cherry. There is no provision in the lease for a dwelling. A new 35 year Productive Agricultural Lease that was Issued 5/12/2023. It has the advantage of having all of its Lease Rents fixed for the term of the lease There are modest step ups every 5 years. Additional 3.5% of gross income that exceeds base lease rent. A copy of the lease is attached as an addendum (paper clip icon)
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