our one stop agency for businesses, commercial property, condominiums, Income property, land and homes. Additionally, you may want to take advantage of our experienced property management personnel; both in vacation rentals and long term rentals. Among our 10 agents are bi-lingual and are fluent in Japanese. Collectively, our agents, hold active real estate licenses in the States of Hawaii, Arizona, Colorado, Florida, Massachusetts and New Mexico. Our knowledge and wealth of experience in all aspects of real estate services enable us to help buyers and Sellers understand the advantages and pitfalls of various property opportunities and to creatively assist them to structure transactions in a way that works for both Buyers and Sellers.
The building is approximately 4,200 sq ft rentable. The rooms are all studios with a shared laundry facility. One room houses the property manager. The approximately 2,200 square feet restaurant has been remodeled and is currently leased out. The restaurant does not currently have a liquor license, however one could be applied for and should be easy to obtain because the previous restaurant was a bar with a full liquor license.
Kailua Kona, HI
The Kona Islander Inn Condo Hotel is located directly in the middle of historic Kona Hawaii. The Kona Islander Inn is well known because of it's lush tropical landscaping and ambiance with an abundance of tropical fruit trees and just about everything else that grows at sea level in Hawaii.
Just steps away from all the restaurants, night life, shopping, and a white sandy sunbathing beach that is just 25 feet to the entrance to the Islander on Alii Dr. (Alii drive is also called the Ocean Hwy). The Islander has a total of 145 condos of which 140 are studios, two are one bedrooms and three are commercial condos. Both of the one bedrooms and all of the commercial units are included in this package for sale.
Here is the description of each condo that is included in the sale as well as the intellectual properties also included:
Unit #104 is a commercial condo located directly in the lobby comprising the entire wall of the lobby. Inside this condo is the Hawaii Marketplace area includes a spacious coffee lounge, café, mini-mini-mart, activities booking center and a real estate office. Take a look at the video link to view the Marketplace.
Unit #105 is a commercial condo located in the lobby at the top of the stairs and is the reservations office and check in office for the vacation rental business. The photo is the one with the open sign showing The vacation rental business currently has 103 units in the rental pool and has very sophisticated internet reservation software and an elaborate internet based phone system which allows for reservation employees to be anywhere in the world.
Unit #114 is a commercial condo that is a fully operational laundry/housekeeping business complete with washers/dryers etc. etc.
Unit#148 is a bottom floor studio with a good ocean view and about 50 feet to the white sandy beach. Currently in the vacation rental program.
Unit #153 is a bottom floor studio with a good ocean view and DIRECTLY inside the Alii Drive gate entrance and just 25 feet to the white sandy beach. Currently in the vacation rental program.
Both units #148 and #153 to could easily be converted to handicap units since they have no steps whatsoever and are directly at the ocean side front entrance and again no steps to connect to the sidewalk area to connect to town. If this was done both units would command a premium in the rental pool.
Unit #208 is a one bedroom condo with a full kitchen, bathtub, private bedroom and a huge deck overlooking the pool area. Currently in the vacation rental program.
Unit #308 has exactly the same amenities as the one above. These one bedroom units are the only one bedroom units at the Kona Islander Inn and are constantly in demand because of their size vs. the studios. They would be perfect for a new owner/operator to live in on-site. They are both currently in the vacation rental pool.
Unit # 330 is a 3rd floor studio directly over the pool and hot tub area. This unit is also the timeshare model and includes a State of Hawaii Timeshare license. Take a look at www.KonaVacationClub.com. NOTE: there are 48 weekly intervals left to sell with unit #330. Adding additional units to this license simply requires an attorney to register them and obtain approval by the state of Hawaii.
Unit #353 is a third floor studio with a spectacular ocean view and about 50 feet from the white sandy beach. Currently in the vacation rental pool.
INTELLECTUAL PROPERTIES include:
TOLLFREE 1-800-BIG-ISLAND (1-800-244-4752)
Take a look at the attached document to get a good overview from the local newspaper real estate feature.
PRICING DETAILS? CALL JIM 1-808-938-3800.
All Kona Islander Inn Condos are leasehold. The leasehold expires in 2079.
This might be perfect for the EB-5 Visa Program.
* * * *SEE MORE VIDEOS and links here: www.HawaiiMarketplace.com
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