79-973 KEALAOLA RD, KEALAKEKUA, HI 96750

$2,140,000
11
BD
6
BA
3,401
SqFt
List Price
$2,140,000
Price Change
▼ $55,000 1700538842
Days on Market
53
MLS#
702370
Status
ACTIVE
Type
Multifamily
Bedrooms
11
Bathrooms
6
Living Area
3,401
Land Tenure
Fee Simple
Neighborhood
Honuaino 4th - Kanaueue 1st & 2nd

Property Description

This multifaceted property presents an outstanding opportunity for rental investment and farming. Comprising three separate structures with a total of six units, it is situated on nearly 5 acres in close proximity to Kona Community Hospital. Boasting a rich history of producing roughly 2.5 acres of coffee and a variety of fruits including banana, citrus, rambutan, lychee, avocado, soursop, mountain apple, and starfruit, the Kealaola Farm offers an excellent farming opportunity to reestablish. All units are currently leased and managed successfully by long-term tenants. The property is equipped with a PV system installed in 2013, and the cottages are thoughtfully arranged as follows: Cottage #1 features 2 bedrooms and 1 bathroom, Cottage #2 offers 2 bedrooms and 1 bathroom, 3 bedrooms and 1.5 bathrooms, and 1 bedroom and 1 bathroom, while Cottage #3 includes 2 bedrooms and 1 bathroom, and 1 bedroom and 1 bathroom. The land is zoned Agriculture and presents a promising prospect for future investment opportunities.

Additional Information

Solid Waste Disposal Trash
Private Contractor
Roads
Private
Parking
Assigned
Taxes Annual
$11097
View
Garden
Lot Number
5
Zoning
A-5A
Design
Wood Frame
Lot Size
212,007
Lot Description Land
Clear, Grassy, Rocky
Water
County
Power
Overhead
Frontage
Pasture, Other (remarks)
Sewer
Cesspool
Assessed Value
1186900
Topography
Gentle Slope, Level
District
North Kona
Year Built
2006

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of LUVA LLC.

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