75-5722 Hanama Pl

MLS® 713454 (Hawaii Real Estate) is located at 75-5722 Hanama Pl KAILUA-KONA HI 96740 in HONUAULA 1ST - KEOPU 2ND . The current listing status is Active. This bed and 0 bath Home was built in and features 17000 finished sq.ft with a lot size of 1.45 acres. This property has a reported annual taxes of $26,656. This property is currently listed for an *asking* price of $11,000,000 (Fee Simple) - please call for an explanation of fee simple vs leasehold. Buying Real Estate in Hawaii is very different from the mainland. We can help. 808-298-2030 Click Here to read customer Reviews from people who have worked with this agent.

Kona Center is a standout, one-of-a-kind property located in the heart of Kona Village. Consisting of approximately 1.45 acres of fee simple, V.-75 resort zoned land with an approximately 17,000 square foot concrete and steel frame building, this property will not disappoint. As of this writing, there is nothing advertised for sale in Hawaii that has the potential upside Kona Center has with a minimum investment. Massive future potential earning upside as well as location, location, location are what justify the listing price. While Kona Center currently has an excellent existing income, this is only the tip of the iceberg regarding its money generating potential. With a minimum investment, the current base rental income has the potential to double. With maximum investment, the sky’s the limit! Because Kona Center is located in the highest density resort zoning possible, unique money-making opportunities are available to position the property to generate maximum profits. STVR conversions on some or eventually all the units are just one idea to possibly double Kona Center’s current income. More aggressive moneymaking options requiring larger capital investments could include maximizing the build out potential of up to an 85-room hotel or smaller boutique hotel, according to Kona Center’s current highest density resort zoning. Kona Center could be a great long-term hold for institutional investors due to her large upside potential. If you are looking for a trophy property with tons of upside potential only limited by your pocketbook, then Kona Center is the property for you! I’d be happy to explain all the tremendous opportunities this property has to offer! Open to selling this property in leasehold for a period of 20 years. Owner has an active real estate license in the State of Hawaii.