75-5749 ALAHOU ST #25 Kailua Kona, HI 96740
20 Beds
25 Baths
6,297 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Four Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,297 sqft
Price per Sqft $1,409
Subdivision Lono - Kona Subdivision
MLS Listing ID 730091
Bedrooms 20
Full Baths 25
HOA Y/N No
Year Built 2012
Annual Tax Amount $45,961
Tax Year 2025
Lot Size 0.594 Acres
Property Sub-Type Four Or More Units
Source Hawaii Information Service
Land Area 25855
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 is available.
Location
State HI
County Hawaii Island (big Island)
Community Lono - Kona Subdivision
Area Hi
Zoning RM-1
Region North Kona
City Region North Kona
Interior
Flooring Laminate
Window Features Blinds
Appliance Microwave, Range, Refrigerator, Washer/Dryer Stacked
Exterior
Parking Features Assigned
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Connected
View Y/N Yes
View City, Mountain(s)
Topography Gentle Slope
Garage No
Private Pool No
Building
Lot Description Corner Lot
Story 2
Entry Level Three Or More,Two
Others
Ownership Full
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Fee Simple, Standard
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