75-5749 Alahou ST Kailua Kona, HI 96740
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Lono Kona
MLS Listing ID 202609233
Construction Status Excellent
HOA Y/N No
Annual Tax Amount $45,960
Property Sub-Type Multi Family
Property Description
Priced at $8,875,000, which represents a 5.5% capitalization rate on Trailing Twelve Months (T-12) financial performance, this Offering provides an excellent opportunity for investing in the Kailua-Kona market, one of Hawaii's most popular resort/residential markets. With the planned new hospital and other growth in the area, continued upward pressure on rents and high occupancy is very likely.
Walkability score of 72. Potential to convert the project to a Condominium Property Regime. Zoned RM-1
Location
State HI
County Hawaii
Area N. Kona
Interior
Fireplace No
Laundry In Unit
Exterior
Parking Features Assigned
Community Features None
Utilities Available Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Water Available, Sewer Connected
Waterfront Description Preservation
View Y/N Yes
View Mountain(s), Ocean
Total Parking Spaces 37
Building
Lot Description Corner Lot, Dead End, Irregular Lot, Rim Lot
Dwelling Type Apartment
Entry Level Two
Sewer Connected
Water Public
Level or Stories Two
Construction Status Excellent
Schools
Elementary Schools Kahakai
Middle Schools Kealakehe
High Schools Kealakehe
Others
Tax ID 3-7-5-022-072-0000
Special Listing Condition None
