Nestled in a prime location, the 9-Unit Nakahara Apartments stand as a unique and valuable investment opportunity. With no other apartment buildings like it for miles in either direction, this property is a true gem in the real estate market.
Property Highlights:
Prime Condition: This apartment building is well-maintained, with recent repairs and improvements carried out to ensure it's in optimal shape for its new owner.
Unit Variety: The Nakahara Apartments offer a diverse mix of units, including 4 studio apartments, 3 one-bedroom apartments, and 2 two-bedroom apartments, each unit designed with one bathroom.
Convenience: A dedicated laundry room featuring coin-operated machines, along with a half bath and storage rooms, provides added convenience for both residents and management.
Scenic Views: The upper-level units boast ocean views, enhancing the desirability of the property for potential tenants.
Ample Parking: A large parking lot on the premises ensures that residents and guests always have convenient parking options.
Year of Construction: Built in 1993, this property has a solid foundation to meet the demands of today's discerning renters.
Private Porches: Each apartment comes with a charming small porch at the rear, offering residents a cozy outdoor space to relax and unwind.
Investors seeking a reliable income stream and the potential for long-term appreciation should not miss this extraordinary opportu
Past Activity
Dec 29, 2023 Sold for $960,000
Dec 07, 2023 Under Contract
Sep 25, 2023 Listed at $1,000,000
More Details
Price / ft²: $187
Zoning: RS-10
View: Ocean, Ocean Horizon
Security Features: None
TMK: 3430020050003
Tax Assessed Value: $843,000
Courtesy: Hawaii Life
MLS: 704429
Good to Know
Note: This page displays all homes for sale in Paauilo.
Sold 12/29/23 at $960,000 (List Price: $1,000,000)
Description
Nestled in a prime location, the 9-Unit Nakahara Apartments stand as a unique and valuable investment opportunity. With no other apartment buildings like it for miles in either direction, this property is a true gem in the real estate market.
Property Highlights:
Prime Condition: This apartment building is well-maintained, with recent repairs and improvements carried out to ensure it's in optimal shape for its new owner.
Unit Variety: The Nakahara Apartments offer a diverse mix of units, including 4 studio apartments, 3 one-bedroom apartments, and 2 two-bedroom apartments, each unit designed with one bathroom.
Convenience: A dedicated laundry room featuring coin-operated machines, along with a half bath and storage rooms, provides added convenience for both residents and management.
Scenic Views: The upper-level units boast ocean views, enhancing the desirability of the property for potential tenants.
Ample Parking: A large parking lot on the premises ensures that residents and guests always have convenient parking options.
Year of Construction: Built in 1993, this property has a solid foundation to meet the demands of today's discerning renters.
Private Porches: Each apartment comes with a charming small porch at the rear, offering residents a cozy outdoor space to relax and unwind.
Investors seeking a reliable income stream and the potential for long-term appreciation should not miss this extraordinary opportu
You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000. Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
Other fees could be a special assessment, reserve contributions etc.
DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
