Investment Opportunity in Hilo – Well kept, fully leased apartment complex in a very convenient location within a short distance to shopping, restaurants, and the popular Farmer’s Market.
The Halai Terrace Apartment complex consists of twelve 2-bedroom/1.5-bath units, with its own private space at the entry to the unit, a balcony off the living area & bedroom #1, and one covered parking stall per unit. There is also a coin-operated laundry room for the tenant’s convenience and a full-time on-site resident manager.
Each unit is separately metered for electricity and furnished with a range/oven, refrigerator & garbage disposal: tenant rent includes water, sewer, and trash pickup 3 times per week.
Owners have taken great pride in ownership and have recently painted the entire building top to bottom including the roof, leaving little for the new ownership to be concerned with right away.
Elepaio St which is a non-through street just mauka of Halai Terrace Apartments is an option for guest parking, making this an attractive feature when advertising to future tenants.
We are continuing to welcome viewings and back up offers.
285 HAILI ST HILO HI 96720
Well Kept Apartment Complex in Hilo
285 HAILI ST HILO 96720
Courtesy of Iokua Real Estate, Inc. - Hilo
Basic Details
| MLS | Price | Address |
| 703501 | $2,500,000 | 285 HAILI ST HILO 96720 |
| Property Type | District | Subdivision |
| Multi-Family | South Hilo | HALAI TRACT |
| Year Built | Terms | Assessed Value |
| Cash,Conventional | $1,736,400 | |
| Taxes | Monthly Fees | Assessed Year |
| $20,315.88 | 2023 |
| MLS |
| 703501 |
| Price |
| $2,500,000 | Address |
| 285 HAILI ST HILO 96720 |
| Property Type |
| Multi-Family |
| District |
| South Hilo |
| Subdivision |
| HALAI TRACT |
| Year Built |
| Terms |
| Cash,Conventional |
| Assessed Value |
| $1,736,400 |
| Taxes |
| $20,315.88 |
| Monthly Fees |
| Assessed Year |
| 2023 |
Interior
| Appliances | Features | Washer/ Dryer |
| Half Baths | Full Baths | Total Baths |
| 12 | 12 | 12.12 |
| Bedrooms | Floors | Total SF |
| 24 | 9,960 | |
| Window Treatments | Fireplace | |
| Appliances |
| Features |
| Washer/ Dryer |
| Half Baths |
| 12 |
| Full Baths |
| 12 |
| Total Baths |
| 12.12 |
| Bedrooms |
| 24 |
| Floors |
| Total SF |
| 9,960 |
| Window Treatments |
| Fireplace |
Exterior
| Design | View | Lot Description |
| Garage SF | Fencing | Lot Area |
| 12,672 | ||
| Tenure | Lava Zone | Exterior Area |
| Fee Simple | 3 | |
| Zoning | Oceanfront | Pool |
| RM-1 | N | N |
| Roads | Schools | |
| County,Paved |
| Design |
| View |
| Lot Description |
| Garage SF |
| Fencing |
| Lot Area |
| 12,672 |
| Tenure |
| Fee Simple |
| Lava Zone |
| 3 |
| Exterior Area |
| Zoning |
| RM-1 |
| Oceanfront |
| N |
| Pool |
| N |
| Roads |
| County,Paved |
| Schools |
Utilities
| Heating/Cooling | Phone | Power |
| Cable,Cell,Land Line | Overhead | |
| Sewer | Solid Waste Disposal | TV Access |
| Sewer-Connected | Private Contractor | Cable |
| Water | ||
| County |
| Heating/Cooling |
| Phone |
| Cable,Cell,Land Line |
| Power |
| Overhead |
| Sewer |
| Sewer-Connected |
| Solid Waste Disposal |
| Private Contractor |
| TV Access |
| Cable |
| Water |
Building/Community Information
| Building Name | No. of Units | Parking |
| 12 | Covered,Attached | |
| Security | Unit Description | |
| Building Name |
| No. of Units |
| 12 |
| Parking |
| Covered,Attached |
| Security |
| Unit Description |
Location
Last Updated: Sep 30, 2023 @ 9:29
© 2023 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. IDX and Information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service.
Contingent
Need More Information?
Click the contact button below
or call
808-930-5900
Search Properties
Quick Contact
Latest Properties
Latest Properties
