54-3793 Akoni Pule Hwy, Kapaau

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Property Description

  • Remarks: Once in a lifetime opportunity to own a historic piece of north Hawaii Island! Take the Kohala Club Hotel and make it even better with your own spin on the facility. 9 beds and 8.5 baths make this expansive property the ideal investment for both investors or retirees looking to diversify their portfolio. Facility includes three separate dwellings on 5.68 acres. The 2 story, 1 bed 1.5 bath owners residence was just completely remodeled including an expansive private deck. This property fronts the main road through Kapaau where hundreds of thousands of visitors drive past every year.

    *Estimated gross profit potential based on current market survey:
    $90.00 per night
    60% occupancy rate
    8 rooms(owners residence separate)
    $155,520 gross income

    Centrally located close to Historic Hawi town where you can find some of the best dining, art galleries, and coffee shops on the island. Continue driving east on Highway 270 and you’ll literally come to the end of the road at the stunning Pololu Valley Overlook. One of a kind unique property! All 3 structures tented in 2017 and comes with a 3 year warranty. Orchard in the back of the lot includes lychee, mango, avocado, Lime, macnut, orange, papaya, and tangerine. Opportunities are endless, just need someone with the vision to take it and run.
  • Tour: https://www.dropbox.com/s/dmfdc9ahq7ws7w5/Kohala%20Club%20Hotel.mp4?dl=0

Interior Features

  • Features: Exterior Lighting,High Traffic,Landscaped,Meeting Room,Office,Storage Area
  • Appliances: Dishwasher,Microwave,Refrigerator,Range/Oven
  • Telephone Availability: Cable,Cell
  • TV Availability: Cable
  • Unit Description: Ground Unit,Multi-Dwelling,Single Family Home,Single Level
  • Washer/Dryer: Dryer,Washer

Exterior Features

  • Vehicle Storage/Parking: Other (remarks),Unassigned
  • Exterior Area (Sq Ft): 0
  • Oceanfront Parcel: N
  • Frontage: Road/Street
  • Garage Area (Total): 0
  • Land Area (Sq Ft): 247508
  • Land Tenure: Fee Simple
  • Lava Zone: 9
  • Lot Description – Land: Clear,Grassy,Wooded
  • Pool: N
  • Power: Overhead
  • Roads: County
  • Wastewater: Cesspool
  • Solid Waste Disposal (Trash): Other (remarks)
  • Topography: Fairly Level,Graded,Gentle Slope,Level
  • View: Forest,Garden,Mountain
  • Water: Municipal

School Information

    Financial Details

    • Monthly Association/Maintenance Fees: 0
    • Assessed Value: 505400
    • Fees-Total (Monthly) (sum of Assn,Maint and Other): 0
    • Tax Key 9: 354005011
    • Taxes (Annual): 4209
    • Tax Key: 3540050110000
    • District: North Kohala
    • Zoning: A-20A
    • Assessment Year: 2018

    Listing Agent

      Property Details

      • MLS #: 626997
      • Price: $995,000
      • Interior Area (Sq Ft): 2574
      • Bedrooms (Total): 9
      • Bathrooms (Total): 8
      • Baths Full (Total): 8
      • Baths 3/4 (Total): 0
      • Baths 1/2 (Total): 1
      • Baths 1/4 (Total): 0
      • Subdivision: Kapaau Village
      • Zip Code: 96755

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