75-5730 Alahou St

75-5730 Alahou Street, Kailua Kona, HI 96740
75-5730 Alahou St

75-5730 Alahou St


6.39% cap on existing NOI ($133,913.52) in a market with no inventory! 16 one-beds on Hamburger Hill w/ ample parking, super walkable to downtown Kailua-Kona. Views of Kailua Bay from many units, all units have closed lanais, adding to the interior square footage. Off-ground construction means repairs are simple and so much cheaper than busting through concrete. LOTS of storage on the makai side of the building can be rented out for additional income. Absolute rentability in a tight rental market, this building has so much potential! All units are separately metered for electric, and tenants pay their own. Laundry is leased and can be replaced with your own machines to increase income! Proposed to be put on public sewer in the next 1-2 years with an annual cost of $5449 for 35 years.

Christina Dwight
Christina Dwight Contact

Features & Amenities


Total Bedrooms 16


Garage Space 16

Area & Lot

Status Sold
LOT SIZE 0.37 Acres
MLS® ID 201824975
Type Multi-Family
Year Built 1972
Neighborhood Big Island


SALES PRICE $1,985,000

Work With Christina

Christina’s mission is to provide exemplary, personalized service for multifamily investors. She is laser-focused on providing the best marketing and exposure, identifying capable buyers, and proactively addressing their concerns so that the process is as stress-fee as possible. Commercial Investment Strategies is the only firm in Hawaii exclusively engaged in apartment building buying and selling.

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