$1,600,000
$1,750,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
76-6271 ALII DR Kailua-Kona, HI 96740
16 Beds
8 Baths
5,520 SqFt
Key Details
Sold Price $1,600,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,520 sqft
Price per Sqft $289
Subdivision Holualoa 1 & 2 Partition Lots - Beach Section
MLS Listing ID 647320
Bedrooms 16
Full Baths 8
Year Built 1971
Annual Tax Amount $5,329
Lot Size 0.281 Acres
Property Description
Rare opportunity to invest in one of the few apartment buildings in Kailua-Kona, HI. The apartment complex is located in a prime location on Ali'i Dr. just 5 minutes away from the heart of Kona where you'll find excellent shops, restaurants and entertainment. Not to mention a short walk to the Pacific ocean with excellent surfing spots! This is a very attractive location for renters with a great investment opportunity. Banyan Surf Apartment Complex consists of 8 two bedroom, 1 bath units. Each unit has its own electric meter and water is included in the monthly rent as there is one water meter for the entire building.
Location
State HI
Area North Kona
Zoning RM-1.5
Exterior
Parking Features Assigned
Pool No
Building
Sewer Sewer-Connected
Water County
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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Travis Scott
Big Island Realtor | License ID: RS-83053
Big Island Realtor License ID: RS-83053