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.
|--||New Value: $995,000|
|6/14/2019 10:48:25 AM||New Value: $995,000|
|4/17/2019 1:48:23 PM||New Value: $1,065,000|
|3/16/2019 12:48:00 PM||New Value: $1,069,000|