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SOLD
MLS: 667071
Condo: Colony I #13
 
Asking Price: $339,000 Fee Simple
Sold Price: $331,250
Sold Date: 06/26/2023
Type: Condo/Residential Condo
District: Kau
Street: 95-788 Ninole Loop Road
Beds: 0   Baths: 1
Living Area: 426 SF

Parking: Unassigned
Days on Market: 506
Year Built: 1976
Zoning: RM-2
Roads: Private,Paved
Property Taxes: $2,178
Assessed Value: $186,200
Assessed Ratio: 182.06%
Listing Courtesy: The Land Office, LLC
Terms Acceptable: 1031 Exchange,Cash,Conventional
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Highly Desired Front Row Unit w/Ocean Views - Great Rental History

This BEAUTIFUL Unit is a registered and licensed as a Short Term Vacation Rental with Great Rental History. This FRONT ROW studio is in one of the prized locations of the complex with amazing ocean views. Walk out your lanai on a short trip to the pool, but private enough that you are not overlooking the pool and hot tub area.
Seller has done an extensive renovation to the unit with new luxury vinyl flooring and baseboards to keep it cool and easy to clean, new ceiling fans in sitting area and in the sleeping space, newer furnishings, new quartzite countertops installed in kitchen and bathroom, fresh paint and much more. Being sold in turnkey for the new owner to step in and take over this great rental.
This is the ONLY Condominium Complex in the entire District of Ka'u and it features both private ownership and TimeShare Units. Conveniently located between Kona and Hilo and a short drive to Volcano National Park.
Monthly Maintenance dues cover Pool, Hot Tub, Grills, Lovely Maintained Grounds, Exterior Maintenance, Common Areas, Garbage, Water/Sewer, Internet/Cable/TV, Insurance, On-Site Resident Manger and more.
Currently the calendar is essentially booked through April with future bookings, which means income for new owner. Various websites listed online show Unit 13 for the calendar and nightly rates.
This unit has a Property Manager who would like to continue managing the unit for the new buyer if they are interested.


 
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