75-5776 Kuakini Hwy APT 233, Kailua Kona, HI 96740

Amazing pool view sought after second floor condo in the Kona Islander Inn Conplex in the heart of Kailua-Kona Village close to EVERYTHING! Bamboo floors, tiled lanai, granite counters in kitchenette and bathroom, brand new river rock and tile shower! Electricity, water, sewer, trash, WIFI and Cable TV included in $679/mo maintenance and lease fees. Very successful vacation rental!! Completely remodeled, FULLY FURNISHED TURNKEY In the Kona Islander Inn condo complex. This second floor pool view end end unit with wrap around lanai and gorgeous bamboo floors, remodeled kitchenette with granite countertop, and new river rock shower. Textured sheet rock walls and ceiling (no popcorn ceiling!). Bright and cheery. Romantic at night on the tiled lanai! REDUCED TO SELL! Price reduced to $154900 today! Kona Islander Inn has a great location in the heart of Kailua-Kona Village. There's even a little marketplace with coffee and juice lounge on property! It's just a short walk to shops, restaurants, beaches and Kona Trolley bus stop. We also just installed new roofs, replastered the pool and added PV SOLAR POWER to keep energy costs down for years to come! HOA dues and lease fees of $679/mo include electricity, water, garbage, WIFI and digital cable TV with Showtime! Annual property taxes are $1500. Annual HO6 Property Insurance $200. Lease rent is $77/mo (included in $679/mo maintain fee payment) and can adjust in 2019 to a max of $84/mo. The lease term runs till 2079 adjusting a max of 10% every ten years beginning in 2019. We are retiring from vacation rentals! Average of $2500/month (annualized) net proven cash flow for the condo. Booking for an average of $149/nt! This is a cash OR 1031 exchange property. This is leasehold property and there is no financing available that I know of. . We have vacation rental guests for nearly all of the nights in Feb and March is booking up fast so we will have to work around the guest's schedules during cleaning times. This listing can be found on Air BNB listing number 4695270 where you will see the condo rents for as low as $109 plus the $60 cleaning fee (which we keep because we clean) on single unrented nights to as high as $399/nt during Ironman. We offer a 10% discount for weekly rentals.