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43-1512 Hauola Rd

7 bed · 10 bath · 5,128 sqft

Sold for $960,000 on December 29, 2023.

  • Status: Sold
  • Tenure: Fee Simple
  • Type: Multi-dwelling
  • Mortgage: $3,801/mo
  • HOA Fee: n/a
  • Taxes: $9,863/mo
43-1512 Hauola Rd was on the market for 221 days. Originally listed for $1,000,000.

What this multi-dwelling offers

Ocean View

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 opportunity. The Nakahara Apartments are ready to deliver both immediate and enduring value. Act now to secure your stake in this exceptional investment property.

Do not access the property or disturb any tenants without an appointment. Units are occupied and require 48+ hour notice for showings. The property is being sold as is.

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Location

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43-1512 HAUOLA RD, Paauilo, HI, 96776 is located in Paauilo Village on Hawaii.

More about this multi-dwellingOpen and close this section
  • Year Built: 1993
  • Views: Ocean, Ocean
  • Parking: Assigned, Detached
About HamakuaOpen and close this section

Spawned by the very productive sugar plantation era, the small towns along the Hamakua Coast, such as Homonu, Ninole, and Laupahoehoe, are situated near the cliffs along the lush coast, from north of Hilo on up almost to Waimea town. In the plantation-era towns, single family homes are reflective of the popular wood frame styles of the era. And in-between these towns are spectacular estates perched on the cliffs and designed around the many extraordinary natural features of the coastline. Further inland, where former plantation land is available, are small farms experiencing the abundance of rich fertile soil. View all homes for sale in Hamakua.

Listing courtesy of Dan Ishikawa from Hawaii Life, MLS #704429.

Similar multi-dwellings for sale

Listings that are nearest to 43-1512 HAUOLA RD and priced between $900,000 and $1,100,000.

Recently Sold

The most recently sold Multi-Family Homes with 7 bedroom(s) nearest to 43-1512 HAUOLA RD and sorted by date, then price.

Date Sold Sold Price Address DOM Beds Baths SQFT
12/29/2023 $960,000 43-1512 HAUOLA RD 95 7 bed 10 bath 5,128
06/14/2023 $1,250,000 66 AMAUULU RD 88 7 bed 4 bath 2,900