SOLD 06/04/2015
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Commercial sold for $2,650,000 in 318 days
Kamuela 65-1300 Kawaihae Rd, Kamuela, HI, 96743
Neighborhood: Nob HillOff the market Commercial/Industrial
Kamuela Inn is a well run fee simple hotel of 32 rooms with strong cash flow. Clean and well maintained with a good reputation and guest loyalty. Property features peaceful and tranquil surroundings, landscaping, continental breakfast/lunch room, laundry facilities, business office and front desk. This property is priced for sale at a 7.9% CAP rate based on 12 month trailing numbers. ADRs are low for area, with upside potential. With strong revenues, occupancy, NOI that continue to grow, and limited competition in the market, this property is an exceptional investment opportunity.
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Property details
1961 year built
Price per sqft
$181/sqft
Address
65-1300 Kawaihae Rd, Kamuela, HI, 96743
City of Hawaii
Kamuela
Island
Big Island
Year Built
1961
Frontage
Other
Land tenure
FS - Fee Simple
Gross Income
718491.00
Net Operating Income
236791.00
Neighborhood
Nob Hill
District
S. Kohala
Nearby major retailers
FoodLand
Supermarket: 1
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Interior Features
Asphalt floors
Roof
Aluminum/Steel
Property Condition
Above Average
Floor Covering
Asphalt
Easements
Utility, Water
Documents Available
P&L
Garage & Parking
On Site
Utilities Included
Light Electricity
Amenities
Office, Private Restroom, Recreation Area
Listed by
James S Farmer, Coldwell Banker Pacific Prop.
Name
James S Farmer
License number
RB-18575
Brokerage company
Coldwell Banker Pacific Prop.
MLS #
201415395
Buyer agent
Name
Derrick HP Fujisaki
Brokerage company
Savio Realty Ltd.
(808) 946-3222
(808) 946-3222
Payment calculator
Calculate your monthly payments
Mortgage
$8,137
Taxes
$1,332
HOA dues
$0
Mortgage
$530,000 / 20%
2.28%
30 years
Your amount
$8,137 / month
Exterior Features
Concrete Block construction and more
Construction
Concrete Block
Lot details
TMK #3650070540000
Parcel nr.
3650070540000
Nob Hill neighborhood info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
People living in Nob Hill
40%
Families with children
National average: 39%
24%
Non family households
17,047
Population
$109,306
Average Income
Age & gender
Median age 41 years
More info
Commute types
83% commute by car
More info
Education level
27% have high school education
More info
Number of employees
20% work in education and healthcare
More info
Vehicles available
43% have 2 vehicle
More info
Vehicles by gender
43% have 2 vehicle
More info
Housing market insights for Kamuela
$725k
Neighborhood average
sales price*
sales price*
$725k
Neighborhood median
sales price*
sales price*
1
Number
of sales*
of sales*
Housing type
74% are single detacheds
More info
Rooms
51% of the houses have 4 or 5 rooms
More info
Bedrooms
73% have 2 or 3 bedrooms
More info
Owners vs Renters
73% are owners
More info
8.33 / 20
Below Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Schools
15 schools with rating up to 7
| School rating | Distance | |
|---|---|---|
|
Montessori Education Center of Hawaii
65-1297 Opelo Road, Kamuela, HI 96743
Elementary School |
0.176mi | |
| out of 10 |
Waimea Middle - Pccs
67-1229 Mamalahoa Hwy, Kamuela, HI 96743
Middle School |
0.555mi |
| out of 10 |
Kanu O Ka Aina - New Century Public Charter School
64-1043 Hiiaka St, Kamuela, HI 96743
High School |
1.566mi |
| School rating | Distance | |
|---|---|---|
|
Montessori Education Center of Hawaii
65-1297 Opelo Road, Kamuela, HI 96743
|
0.176mi | |
| out of 10 |
Waimea Elementary School
67-1225 Mamalahoa Hwy, Kamuela, HI 96743
|
0.474mi |
|
Hawai'i Montessori School - Kamuela Campus
64-1058 Mamalahoa Highway, Waimea, HI 96743
|
0.936mi | |
| out of 10 |
Kanu O Ka Aina - New Century Public Charter School
64-1043 Hiiaka St, Kamuela, HI 96743
|
1.566mi |
|
Parker School
65-1224 LINDSEY RD, Waimea, HI 96743
|
2.686mi | |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Waimea Middle - Pccs
67-1229 Mamalahoa Hwy, Kamuela, HI 96743
|
0.555mi |
| out of 10 |
Kanu O Ka Aina - New Century Public Charter School
64-1043 Hiiaka St, Kamuela, HI 96743
|
1.566mi |
|
Hawaii Preparatory Academy
65-1692 KOHALA MOUNTAIN RD, Waimea, HI 96743
|
2.686mi | |
|
Parker School
65-1224 LINDSEY RD, Waimea, HI 96743
|
2.686mi | |
|
Waimea Christian Academy
65-1078 Mamalahoa Hwy, Kamuela, HI 96743
|
7.977mi | |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kanu O Ka Aina - New Century Public Charter School
64-1043 Hiiaka St, Kamuela, HI 96743
|
1.566mi |
|
Parker School
65-1224 LINDSEY RD, Waimea, HI 96743
|
2.686mi | |
|
Hawaii Preparatory Academy
65-1692 KOHALA MOUNTAIN RD, Waimea, HI 96743
|
2.686mi | |
| out of 10 |
Honokaa High & Intermediate School
45-527 Pakalana Street, Honokaa, HI 96727
|
14.199mi |
| out of 10 |
Kohala High School
54-3611 Akoni Pule Hwy, Kapaau, HI 96755
|
17.45mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Jun 4, 2015
Nob Hill Median sales price 2023
| Bedrooms | Med. price | % of listings |
|---|---|---|
| 2 beds | $458.89k | 100% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jun 4, 2015 | Sold | $2,650,000 | 181.98 | Public Record |
| Jun 4, 2015 | Price Decrease | $2,650,000 -11.52% | 181.98 | MLS #201415395 |
| May 12, 2015 | Under contract | $2,995,000 | 205.67 | MLS #201415395 |
| Apr 8, 2015 | Back On Market | $2,995,000 | 205.67 | MLS #201415395 |
| Feb 25, 2015 | Under contract | $2,995,000 | 205.67 | MLS #201415395 |
| Oct 6, 2014 | Price Decrease | $2,995,000 -7.85% | 205.67 | MLS #201415395 |
| Jul 22, 2014 | New Listing | $3,250,000 | 223.18 | MLS #201415395 |
Taxes of 65-1300 Kawaihae Rd, Kamuela, HI, 96743
20 - Resort zoning / MLS #201415395
Current Property Taxes p/month
$1,332
Assessed Improvement value
$775,100
Assessed Land value
$697,000
Land Recorded
Regular System
Zoning
20 - Resort
Flood Zone
Zone X
Total Assessed value
$1,472,100
Tax History
| Year | Taxes | Source |
|---|---|---|
| 2014 | $15,984 | MLS #201415395 |
About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.
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Frequently Asked Questions about Kamuela
What is Kamuela?
Kamuela is a Exclusive Rights Commercial/Industrial property.
What is the rental income?
The net income is $236,791
*check with agent
What is the full address of this Commercial?
65-1300 Kawaihae Rd, Kamuela, HI, 96743.
What comparable properties are nearby?
Comparable nearby commercial properties include 1039 11th Ave, 1638 10th Ave, Address undisclosed, 3112 Mokihana St, 821 Olokele Ave, 448 Kaiolu St.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Coldwell Banker Pacific Prop..
Our company may forward your question(s), email address, phone number, name, and any other information you may provide to a licensed real estate agent in the state where the property you are inquiring about is located. We forward your information to assist you in getting you the answers you are requesting. However, you are not obligated to work with this agent. The agent we forward your information to may or may not be the listing agent for the property. Please discuss with the agent regarding your options for representation. Information deemed reliable but not guaranteed.
Listing last updated: Jun 04, 2015
Verhouse Last checked 4 minutes ago
The closest grocery stores are KTA Super Stores, 0.51 miles away and FoodLand, 0.6 miles away.
The Nob Hill neighborhood has a population of 17,047, and 40% of the families have children. The median age is 41.69 years and 83% commute by car. The most popular housing type is "single detached" and 73% is owner.