Corcoran Pacific Properties

68-1125 N KANIKU DR #1201 KAMUELA, HI 96743 $ 569,000

2 Bed

|2 Bath

|0 Half Bath

|1,289 Sf Living

|0 Sf Land

Condo | sold Listing

New flooring in the living room and dining room! Durable vinyl flooring has just been added to this great townhome in Mauna Lani. Are you looking for a unit that operates like a well oiled rental machine? Welcome to Fairways at Mauna Lani #1201! This unit grossed over $71,000 in 2015 and over $62,000 in 2016! Gross Revenue for 2017 thru 11/11/17 is over $65,000. Pre=paid bookings from February 1st to July 31st 2018 are almost $30,000! This unit is a favorite of vacation renters in the beautiful Fairways at Mauna Lani resort. Whether your guests are drawn to the resort style pool, the air conditioned exercise rooms, the access to the private beach Club at Maka'iwa Bay with its world class snorkeling, walking distance to the interesting shops and gourmet restaurants of Mauna Lani or the beautiful wide roads, perfect for bike riding, this established unit is managed by the owner!!! Thinking of managing the unit yourself with an on island contact and cleaning team? Seller thinks his current cleaning team are open to staying on with the new owner. Handyman is open to being the on-island contact. The unit comes fully furnished and ready to go with upscale finishes like granite counters and backsplash in the kitchen, and Whirlpool/Jacuzzi in master bath. This unit is ideal for someone looking to purchase a resort home that they can enjoy occasionally but are really interested in the rental income. Seller says it has been great to manage the unit himself all these years and he loves the rental revenue but he is ready to retire so it is perfect timing for a new buyer looking for a great opportunity.

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MLS Information

  • Address: 68-1125 N KANIKU DR
  • City: KAMUELA
  • State: HI
  • Zip: 96743
  • Unit: 1201
  • Price: 569,000
  • Status: Sold
  • Listing Brokerage: Hawaii Life
  • Beds: 2
  • Baths Full: 2
  • Baths Half: 0
  • Total SqFt: 1,289
  • Year Built: 2005
  • Type: Condo
  • Land SqFt : 0
  • County:
  • MLS #: 611345
  • MLS Area: South Kohala
  • Neighborhood: South Kohala
  • Elementary School:
  • Middle School:
  • High School:
  • Parking:
  • Pool: Concrete/Gunite,In Ground,Outdoor,Shared,Spa/Hot Tub
  • View:
  • Land Tenure: Fee Simple
  • Year Renovated:
  • Property Condition:
  • HOA Fees: $832.26
  • TMK: 3680220050067
  • Zoning: RM-4

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