Paauilo, HI 96776,43-1512 HAUOLA RD
Paauilo, HI 96776,43-1512 HAUOLA RD
Paauilo, HI 96776,43-1512 HAUOLA RD
Paauilo, HI 96776,43-1512 HAUOLA RD
Paauilo, HI 96776,43-1512 HAUOLA RD
Paauilo, HI 96776,43-1512 HAUOLA RD
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$960,000

$1,000,000

4.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

7 Beds

10 Baths

5,128 SqFt


SOLD DATE : 12/29/2023

Key Details

Sold Price $960,000

Property Type Multi-Family

Sub Type Four Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 5,128 sqft

Price per Sqft $187

Subdivision Paauilo Village

MLS Listing ID 704429

Sold Date 12/29/23

Bedrooms 7

Full Baths 9

Half Baths 1

HOA Y/N No

Year Built 1993

Annual Tax Amount $9,863

Tax Year 2023

Property Sub-Type Four Or More Units

Source Hawaii Information Service

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

Community Paauilo Village

Area 20704.0

Zoning RS-10

Region Hamakua

City Region Hamakua

Interior

Hot Water Electric

Exterior

Parking Features Assigned, Detached

Utilities Available Electricity Available

View Y/N Yes

View Ocean, Ocean Horizon

Topography Fairly Level

Garage Yes

Private Pool No

Building

Lot Description Cleared, Grassy

Story 2

Sewer Septic Tank

Others

Ownership CPR

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Fee Simple, Standard

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Hawaii Information Service (HIS)
Listed by Hawaii Life

GET MORE INFORMATION

agent
Julie Ziemelis

Agent | License ID: 85062

+1(808) 785-2898 | julie@ziemelis.com

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