None · Lot 967 Kamehameha Kahuku HI 96731 · Neighborhood: Kahuku · Region: North Shore · MLS: 1101366 · TMK: 1-5-6-002-027-0000 & History 

Show all 6 photos. Updated 2/2/2011 3:06:46 PM
Withdrawn. Last listed for $5,000,000 FS
Location
Prop Type: Business
Bus Type: Rental Properties
SIC:
Region: North Shore
Neigh: Kahuku
Name: None
Lot 967 Kamehameha
Unit #
Kahuku HI 96731
Area
Lot size sf1,116,050
Lot size acres25.621
Floor #0
Financials
Annual
Gross Income:25,000
Operating Exp:0
Net Op Inc:25,000
Price Info
List Price:5,000,000 FS
List Price orig:5,000,000 FS
Fee Purchase:
Sales Price:0 FS
Concessions:0
Net SP:0 FS
Remarks
Seller:GREAT INVESTMENT 25.621 Acres, Land lease income from 51 existing Kahuku Village homes and a school. Excellent cash flow with more income upside potential (ie. Proposed 15 additional 10,000 square foot lots.) Kahuku Village Association, Inc. collects rent, pays taxes, and expenses and gives a 'NET RENT amount of $25,000' to current owner. Excellent opportunity.
Property Features
Amenities
None

Business Type
Other

Construction
Other

Days Open
Seven

Disclosures
Property Disclosure Stmt

Documents
Lease Documents
Employees
Owner

Frontage

Hours Open

Inclusions

Land Tenure
FS - Fee Simple

Land Recorded
Dual Systems
Lease Type

Lessee Pays
Other

Listing Broker
Elite Pacific Properties, LLC

Location
Residential

Ownership
Other

Parking
Other
Possession
Subject To Tenancy

Sale Conditions

Sold Terms

Stories
One

Terms Offered
Cash
Conventional

Waste

Zoning
R-5 Residential District

More Information
Miscellaneous
Business Established0
Property Management Company:Kahuku Village
Property Management Phone:
Franchise Fee:0
Lease Info
Landlord
Lessor
Renegotiation
Lease expires2/1/2012
 
YearRent per month
Current 0 0
Step up 1 0 0
Step up 2 0 0
Real Property Tax 2010
Assessed
Land1,785,700
Improvement484,700
Total2,270,400
Yearly
Tax Rates 677
92 Days on MarketKey Dates
Original listing 1/18/2011
List 2/2/2011
Photo 2/2/2011
Modified 5/4/2011
Price Change
Status Change 5/4/2011
Temporary Withdrawn
Back on Market
Off Market 5/4/2011
Withdrawn 5/4/2011
Pending
Closed
Representation, Questions & Additional Information
If you are already working with an agent, please contact them directly for more information on this Business listing.
If you would like to work with a pro, contact:
Robin Glass, (R), PB, MBA
Hawaii Home + Commercial LLC
☎ 808-358-1774
glassr@hawaiihome.cc

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