Rarely Available! 3 story - 42 unit apartment complex with 55 stalls. GREAT INVESTMENT OPPORTUNITY - RARELY AVAILABE! 42 UNIT APARTMENT COMPLEX in the heart of HILO. 3 story walk-up 2/55 parking stalls. Each unit has an open lanai off of the bedroom. Third floor units offer an "OCEAN" VIEW! Building is comprised of: 35 - 1 bdrm, bath - 448 sq. ft.; 3 - 1 bdrm, bath - 536 sq. ft. (10 STACK); 5 - 2 bdrm, bath - 576 sq. ft. (02 stack - floors 2 & 3; 14 stack - 3 floors). All units electrically metered individually and furnished with a range/oven and refrigerator. A few units have a disposal. Common laundry facility on the ground floor. Conveniently located on the corner of Ululani Street and Kukuau Street, near the center of Hilo's business/retail and visitor districts and 10 minutes to the airport. Many long term tenants with rents below market. Visible, deferred maintenance throughout. Property to be sold in its "as is, where is" condition. SEE ATTACHED FINANCIAL INFORMATION. This information has not been verified by the associate and should be verified by the buyer. Information is deemed reliable but not guaranteed. Copyright: 2015 by Hawaii Information Systems. IDX information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The active listings on this site are listed by REALTORS®. If you are interested in those listings, we may represent you as the buyer's agent. | |||