1303 Kalanianaole St #1-12, Hilo, HI 96720

Tremendous opportunity to invest in a rarely available multi-unit vacation rental property 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 6 units being utilized as short term rentals and the reminder 4 have long-term tenants. <br><br>Features and summary:<br>- Sale includes 12 CPR units<br>- 6 studio units upstairs/6 studio units downstairs<br>- 10 STVR permits (maximum) in place<br>- 6 units being utilized as STVRs/4 used as longterm rentals<br>- Split AC in the 6 STVR studio rentals.<br>- The 4 long-term units have not been renovated<br>- 1 unit being utilized as office and laundry<br>- 1 unit utilized as expansion to create double space rental for parties of 4<br>- Property serviced by sewer<br>- Recent survey and report available <br>- 6 active STVR units sold turnkey furnished<br>- Propane tank on site.<br><br>One of the partners hold a real estate license in the State of California.