This Multifamily Property is no longer advertised on LoopNet.com.

75 - 5706 Kalawa St
Kailua Kona, HI 96740
Kani Le'a Apartments · Multifamily Property For Sale · 12 Units

Investment Highlights

  • Excellent access to the future Safeway anchored Niumalu Plaza, Starbucks, U.S. Post Office, and Alii Drive hosting many other retail amenities.
  • Direct access to Kailua-Kona's business central, transit options and within 10 minutes to the Kona International Airport.
  • Stable cash flow with below-market rents and upside potential with common area upgrades.
  • Hyper central location within an Opportunity Zone.
  • A rarely available fee simple 12-unit multifamily property in the world class resort town of Kailua-Kona, Hawaii.
  • Attractive 2-bedroom and 1-bath units with open floor plans.

Property Facts

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.29 AC
Building Size 8,700 SF
Average Occupancy 100%
No. Stories 3
Year Built 1972
Parking Ratio 1.38/1,000 SF
Zoning RM-1 - County of Hawaii Zoning Multiple Family with density of one unit per one thousdand square feet lot area. The sta of Hawaii Land Use District is Urban.

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range

Site Amenities

  • Laundry Facilities
  • Storage Space

Property Taxes

Property Taxes

Parcel Number
3-7-5-022-017-0000
Land Assessment
$728,500
Improvements Assessment
$958,100
Total Assessment
$1,686,600
  • Listing ID: 16856213

  • Date on Market: 8/8/2019

  • Last Updated:

  • Address: 75 - 5706 Kalawa St, Kailua Kona, HI 96740

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}