Hilo - Beach Property For Sale #6698570

Tremendous opportunity to own an entire vacation rental condo complex just a block from the shoreline and beach. This 12 condo unit (CPR) property offers multiple opportunities. Currently there are 10 STVR permits in place with 7 units being utilized as short term rentals and 3 with long-term tenants. Additional condo used as office. BUYERS MUST BE PREQUALIFIED PRIOR TO SETTING UP SHOWINGS Features and summary: - Sale includes 12 CPR units - 6 studio units upstairs/6 studio units downstairs - 10 STVR permits (maximum) in place - 7 units have been renovated and utilized as vacation rentals. - Split AC in the 7 STVR studio rentals. - The 3 long-term units have not been renovated - 1 unit being utilized as office and laundry - 1 unit utilized as expansion to create double space rental for parties of 4 - Property serviced by sewer - Recent survey and report available - 7 active STVR units sold turnkey furnished - Propane tank on site. *One of the partners hold a real estate license in the State of California. *Artwork and Photographs on walls are excluded from sale and available to purchase on a separate bill of sale.