Share This Listing

Message

960 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

14-3307 Dolphin Ln 1,100 SF Specialty Building Offered at $667,250 CAD at a 8% Cap Rate in Pahoa, HI 96778

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • License as a vacation rental. The county of Hawaii is no longer new license/permit for residual areas.
  • Short drive to the warm ponds, Kehena Beach Park and Hilo town
  • Home is a short 5 minutes drive to Pahoa Town. The fasting growing town in the of Hawaii

FINANCIAL SUMMARY (ACTUAL - 2021) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2021) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $667,250 CAD
Price Per SF $606.59 CAD
Sale Type Investment
Cap Rate 8%
Sale Conditions
1031 Exchange
  • Business Value Included
Property Type Specialty
Property Subtype Residential Income
Building Class C
Lot Size 0.20 AC
Building Size 1,100 SF
No. Stories 1
Year Built/Renovated 1991/2013
Parking Ratio 0.91/1,000 SF
Zoning residential - License/Permitted Vacation rental in residential zoning. As of Oct 2019, the County of Hawaii will no longer issue new licenses.

ABOUT 14-3307 DOLPHIN LN , PAHOA, HI 96778

Did you know that it is impossible to buy a house and turn it into a licensed vacation rental? In 2019 500 permits were issued to a few lucky homeowners. In 2021 only 168 out of 500 were renewed. For 2022 I am sure that the number is much smaller. So what does that mean? This vacation rental is fully permitted and your option of renting it out as such will give you a chance to re-cap on your investment. The license/permitted is fully transferable and the day you became the owner, you are able to rent it out like a hotel. Great care was taken to ensure that all guests are happy and safe. There is a Gazebo in the back with a BBG grill, A screened lanai in the front, and a washer/dryer in the carport. The unit is always booked when I want it booked. High-speed internet and county water. The roof was replaced in November 2019.

  • Listing ID: 26100564

  • Date on Market: 2022-07-06

  • Last Updated:

  • Address: 14-3307 Dolphin Ln, Pahoa, HI 96778

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}