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SOLD
MLS: 638213
 
Asking Price: $1,600,000 Fee Simple
Sold Price: $1,475,000
Sold Date: 08/28/2020
Type: Multi-Family
District: North Kona
Street: 79-973 Kealaola Rd
Neighborhood: Honuaino 4th - Kanaueue 1st & 2nd
Beds: 11   Baths: 6 Full / 2 Half
Living Area: 4,409 SF
Style: 4+ Units
Land Area: 4.87 Acres
Parking: Assigned,Other (remarks)
Amenities: Landscaped,Storage Area,Smoke/Heat Detector,Skylight
Days on Market: 1485
Year Built: 1989
Zoning: A-5A
Roads: Private
Land Recorded: Regular
Property Taxes: $8,035
Assessed Value: $859,400
Assessed Ratio: 186.18%
Listing Courtesy: Lotus Golden Realty, LLC
Terms Acceptable: 1031 Exchange,Cash,Conventional,PMM
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Investors Dream Property

This is a very unusual property that feels like a farm, but is an excellent rental investors paradise
The property consists of 3 separate structures that are all rented to long term tenants . The land is zoned agricultural and consists of a variety of Organically Grown fruit trees and Organically Grown Kona coffee.: approx 2 1/2 acres of coffee and 250 lbs of coffee
Here is a list of some of the fruit trees:Citrus, Rambutan, Lychee, Banana, Plantain,Mango, Avocado, Loquat, Longan, Bamboo, Soursop, Moutain apple, Starfruit
Rose apple:
Owned photovoltaic system
This property is your chance to own both property and fruitful land in Hawaii


 
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