$960,000
$1,000,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
43-1512 HAUOLA RD Paauilo, HI 96776
7 Beds
9.5 Baths
5,128 SqFt
Key Details
Sold Price $960,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,128 sqft
Price per Sqft $187
Subdivision Paauilo Village
MLS Listing ID 704429
Bedrooms 7
Full Baths 9
Half Baths 1
Year Built 1993
Annual Tax Amount $9,863
Lot Size 0.475 Acres
Property Description
Nestled in a prime location, the 9-Unit Nakahara Apartments stand as a unique and valuable investment opportunity. With no other apartment buildings like it for miles in either direction, this property is a true gem in the real estate market.
Property Highlights:
Prime Condition: This apartment building is well-maintained, with recent repairs and improvements carried out to ensure it's in optimal shape for its new owner.
Unit Variety: The Nakahara Apartments offer a diverse mix of units, including 4 studio apartments, 3 one-bedroom apartments, and 2 two-bedroom apartments, each unit designed with one bathroom.
Convenience: A dedicated laundry room featuring coin-operated machines, along with a half bath and storage rooms, provides added convenience for both residents and management.
Scenic Views: The upper-level units boast ocean views, enhancing the desirability of the property for potential tenants.
Ample Parking: A large parking lot on the premises ensures that residents and guests always have convenient parking options.
Year of Construction: Built in 1993, this property has a solid foundation to meet the demands of today's discerning renters.
Private Porches: Each apartment comes with a charming small porch at the rear, offering residents a cozy outdoor space to relax and unwind.
Investors seeking a reliable income stream and the potential for long-term appreciation should not miss this extraordinary opportunity. The Nakahara Apartments are ready to deliver both immediate and enduring value. Act now to secure your stake in this exceptional investment property.
Do not access the property or disturb any tenants without an appointment. Units are occupied and require 48+ hour notice for showings. The property is being sold as is.
Location
State HI
Area Hamakua
Building/Complex Name Paauilo Village Condominium Project
Zoning RS-10
Exterior
Parking Features Assigned, Detached
Pool No
View Ocean, Ocean Horizon
Building
Lot Description Grassy, Clear
Sewer Septic
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