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79-973 Kealaola Rd

Kealakekua, HI 96750
  • $2,250,000
  • STATUS: Active
  • ON SITE: 186 Days
  • MLS #: 701023
Price Reduced
UPDATED: 65 min ago
$2,250,000
  • 11
    BEDS
  • 4.87
    ACRES
  • 6
    BATHS
  • 2
    1/2 BATHS
  • 4,409
    SQFT
  • $510
    $/SQFT
Type:
Multi-Family
Built:
2006
Area:

School Ratings & Info

Description

Wonderful rental investment and farming opportunity. Three separate structures with 6 units, this multifamily property sits on almost 5 acres located in very close proximity to Kona Community Hospital. The Kealaola Farm has a rich history of producing approximately 2.5 acres of coffee, various fruits including, banana, citrus, rambutan, lychee, avocado, soursop, mountain apple and starfruit. -Units are currently leased and successfully managed to long term tenants. -PV system installed in 2013-Cottage #1/ 2 bedroom 1 bath-Cottage #2/ 2 bedroom 1 bath, 3 bedroom 1.5 bath and 1 bedroom 1 bath-Cottage #3/ 2 bedroom 1 bath and 1 bedroom 1 bath.Land is zoned Agriculture and is ripe for the next investment opportunity.

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© 2023 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 Corcoran Pacific Properties. Data last updated: 2023-03-27T05:34:21.057.
hawaii.corcoranpacific.com/homes/133290044
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79-973 Kealaola Rd Kealakekua, HI 96750

  • Price: $2,250,000
  • Status: Active
  • On Site: 186 Days
  • Updated: 65 min ago
  • MLS #: 701023
11
Beds
6
Baths
2
½ Baths
4.87
Acres
4,409
SQFT
$510
$/SQFT
2006
Built
Neighborhood:
Honuaino 4Th - Kanaueue 1St & 2Nd
Area:
North Kona
Property Description
Wonderful rental investment and farming opportunity. Three separate structures with 6 units, this multifamily property sits on almost 5 acres located in very close proximity to Kona Community Hospital. The Kealaola Farm has a rich history of producing approximately 2.5 acres of coffee, various fruits including, banana, citrus, rambutan, lychee, avocado, soursop, mountain apple and starfruit. -Units are currently leased and successfully managed to long term tenants. -PV system installed in 2013-Cottage #1/ 2 bedroom 1 bath-Cottage #2/ 2 bedroom 1 bath, 3 bedroom 1.5 bath and 1 bedroom 1 bath-Cottage #3/ 2 bedroom 1 bath and 1 bedroom 1 bath.Land is zoned Agriculture and is ripe for the next investment opportunity.
Exterior Features

Carport Area Total 0 Exterior Area Total 0 Frontage PastureOther (Remarks) Garage Area Total 0 Land Tenure Fee Simple Lot Description ClearGrassyRocky Ocean Front No Pool No Roads Private Topography Gentle SlopeLevel Unit Description Ground UnitMulti-DwellingSingle Family Home View Garden

Interior Features

Appliances DishwasherMicrowaveRefrigeratorRange/Oven Floors Ceramic TileLaminateOther (Remarks) Washer Dryer DryerStacked Washer/DryerWasher

Property Features

Assessed Value 859400 Assessment Year 2019 Distressed Standard Sale Features LandscapedStorage AreaSmoke/Heat DetectorSkylight Lava Zone 3 Lot Number 5 Oceanfront Unit N N N Phone Service CableCell Power Overhead Property Type Multi-Family Security None Sewer Cesspool Solid Waste Disposal Private Contractor Tax Key 379011034 Taxes 11096.00 Terms 1031 ExchangeCashConventional Tv Availability Cable Vehicle Parking AssignedOther (Remarks) Water County Zoning A-5A

Listing information © 2023 MLS Hawaii, Inc. All rights reserved.
Listing courtesy of Luva Llc.


© 2023 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 Corcoran Pacific Properties. Data last updated: 2023-03-27T05:34:21.057.
 
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Corcoran Pacific Properties
4211 Waialae Ave.
Honolulu HI, 96816