43-1512 HAUOLA RD
Paauilo, HI 96776
- 7 beds
- 9.5 baths
- 5,128 sqft
- ~1/2 acre lot
- $195 per sqft
- 1993 build
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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.
Listing courtesy of HISMLS / Hawaii Life
Last checked:
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Last updated Dec 19, 2024
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MLS# 704429 —
The Building
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Max Year Built:1993
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Min Year Built:1993
Room Dimensions
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Interior (Total)/Living Area:5,128 Sqft
Financial & Terms
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Land Tenure:Fee Simple
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Assessed Value:$843,000
Location
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Latitude:20.04237421
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Longitude:-155.37390496
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Lava Zone:8
The Property
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Lot Description:Grassy, Clear
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Zoning:RS-10
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Topography:Fairly Level
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Frontage:Road/Street
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Land Area:20704
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View:Ocean, Ocean Horizon
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Oceanfront:N
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Roads:County
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Form:Multi-Family
Listing Agent
- Contact info:
- Agent phone:
- (808) 557-5847
- Office phone:
- (800) 667-5028
Taxes
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Taxes:$9,863.10
Beds
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Bedrooms:7
Baths
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Baths:9.01
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Full Baths:9
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Half Baths:1
The Listing
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Distressed Property:Standard Sale
Utilities
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Water:County
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Power:Overhead
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Sewer:Septic
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Solid Waste Disposal (Trash):Other (remarks)
Schools
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School District:Hamakua
The Community
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Subdivision:PAAUILO VILLAGE
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Project:Paauilo Village Condominium Project
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Pool:No
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Security:None
Parking
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Vehicle Storage/Parking:Assigned, Detached
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
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12/29/23
Dec 29, 2023
|
Sold | HISMLS | $1,000,000 | |
12/8/23
Dec 8, 2023
|
Sold Subject To Contingencies | HISMLS | $1,000,000 | |
10/12/23
Oct 12, 2023
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Price Changed | HISMLS | $1,000,000 | -16.7% |