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43-1512 Hauola Rd

Paauilo, HI 96776
  • $960,000
  • STATUS: Closed
  • ON SITE: 385 Days
  • MLS #: 704429
Sold - 12/29/2023
$960,000
SOLD - 12/29/2023
  • 7
    BEDS
  • 0.48
    ACRES
  • 9
    BATHS
  • 1
    1/2 BATHS
  • 5,128
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1993
Area:

School Ratings & Info

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.

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© 2024 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 Equity Hawai'i Real Estate. Data last updated: 2024-10-15T01:34:24.137.
www.hawaiidreamrealty.com/homes/143697066
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43-1512 Hauola Rd Paauilo, HI 96776

  • Price: $1,000,000
  • Status: Closed
  • On Site: 385 Days
  • Updated: 21 min ago
  • MLS #: 704429
7
Beds
9
Baths
1
½ Baths
0.48
Acres
5,128
SQFT
$0
$/SQFT
1993
Built
Neighborhood:
Paauilo Village
Area:
Hamakua
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.
Exterior Features

Carport Area Total 0 Exterior Area Total 0 Frontage Road/Street Garage Area Total 0 Land Tenure Fee Simple Lot Description GrassyClear Ocean Front No Pool No Roads County Topography Fairly Level View OceanOcean Horizon

Property Features

Assessed Value 843000 Assessment Year 2023 Distressed Standard Sale Lava Zone 8 Oceanfront Unit N Power Overhead Project Name Paauilo Village Condominium Project Property Type Multi-Family Security None Sewer Septic Solid Waste Disposal Other (remarks) Tax Key 343002005 Taxes 9863.10 Terms 1031 ExchangeCashConventional Vehicle Parking AssignedDetached Water County Zoning RS-10

Listing information © 2024 MLS Hawaii, Inc. All rights reserved.
Listing courtesy of Hawaii Life.


© 2024 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 Equity Hawai'i Real Estate. Data last updated: 2024-10-15T01:34:24.137.
 
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Equity Hawai'i Real Estate
210 Kamehameha Avenue
Hilo HI, 96720