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SOLD
MLS: 649884
Condo: Alii Villas #218
 
Asking Price: $199,000 Leasehold
Sold Price: $144,175
Sold Date: 04/22/2022
Type: Condo/Residential Condo
District: North Kona
Street: 75-6016 Alii Dr
Neighborhood: Kahului 1st & 2nd
Beds: 1   Baths: 1
Living Area: 615 SF

Parking: Assigned
Days on Market: 385
Year Built: 1973
Zoning: V-1.25
Roads: Private
Property Taxes: $919
Assessed Value: $236,900
Assessed Ratio: 84%
Listing Courtesy: LUVA LLC
Terms Acceptable: 1031 Exchange,Cash
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LEASEHOLD GEM IN ALII VILLAS

This is a leasehold property, in the beautiful oceanfront Alii Villas complex.

This one bedroom, one bathroom condo is privately appointed just above the pool area with a peek-a-boo ocean view. Located on the second floor of the building and it's parking stall is the nearest spot to the unit. In unit washer and dryer and a cozy and breezy lanai for lounging. This affordable opportunity to own in an oceanfront complex won't last long, must see! Don't forget Alii Villas is zoned in the resort area so you can apply for your short term vacation rental permit if you wanted that opportunity.

Lease Rent is $3944.34 for the year, split in two payments of $1972.17 (includes GE Tax)
Association monthly fees are $534.59.
Lease term renegotiated March 2024 and expires 2029.
All information provided is to be independently verified for accuracy in the due diligence period by Buyers and/or Buyers representative.


 
This information has not been verified by the associate and should be
verified by the buyer. Information is deemed reliable but not guaranteed.
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