Amazing opportunity to own a one of a kind Hotel V-zoned -12 studio unit vacation rental along the beach corridor in Hilo , Hawai'i located just up the street from Chalk's Beach. Build your own Multi use options:- Live on property and self manage up to 10 vacation rental studios- Or live offsite and self manage for rental revenue.- Purchase as investment with hands off rental with current turnkey management- Own your own condo complex- Purchase and sell off individual units - All have a separate CPR /TMK numbers- Rent both long and/or short termThe possibilities are tremendous!!!Currently there are 10 STVR permits, One unit used as office and laundry and one as a expandable lock out unit. 7 units are currently in vacation rental program and 4 being used a long term rentals. Do not miss this one-of-a-kind opportunity to build your legacy in Hawaii. . One Seller holds an active real estate license in the State of California.
| MLS # | 734068 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1966 |
| Days On Site | 7 |
| Listing Provided By | COMPASS | Steven Ellison |
| Bed(s) | 12 |
|---|---|
| Bath(s) | 12 Total |
| SQ Feet | 3,876 |
| Story(s) | 2 |
| Units | 12 |
| Zoning | V-.75 |
| Acreage | 0.19 |
| Property | 1480 |
|---|
| State | HI |
|---|---|
| City | Hilo |
| Zip Code | 96720 |
| Area | Big Island |
| Community Name | KEOKEA HOUSELOTS |
| Listing VS Median (in KEOKEA HOUSELOTS) | |
Price: $1,999,888 low | high Med: $1,999,888 sqft: 3,876 low | high Med: 3,876 $ / sqft: $516 low | high Med: $516 On site: 7 low | high Med: 7 | |
| State | HI |
|---|---|
| City | Hilo |
| Zip Code | 96720 |
| Area | Big Island |
| Community Name | KEOKEA HOUSELOTS |
| Listing VS Median (in KEOKEA HOUSELOTS) | |
Price: $1,999,888 low | high Med: $1,999,888 sqft: 3,876 low | high Med: 3,876 $ / sqft: $516 low | high Med: $516 On site: 7 low | high Med: 7 | |