Make easy money with this completely furnished 2008 home in beautiful Keaau, just a close-by to the Ocean and Kahena Black Sand Beach.Locat
d between Hilo and historic Pahoa Town, and currently advertised and rented via AirBnB with a successful nightly rental business - comes complete furnished, with nightly rental tenants booked for next few months out.Total rental income nightly $270 per night. $270 night x 30 nights = $8212 gross income potential monthly!$98544 gross income per year at full occupancy!Three of the bedrooms rent for $50 per night. These 3 rooms each have PRIVATE bathrooms.3 beds rent for $40 each per night. These four beds share a bathroom.Although currently permitted as a residential home, building was also designed to function as a senior care facility, although home was never used as such. Single story, ADA compliant.Large garden and Edible Orchard: Liliquoi trelllis, ulu, coconuts, taro, mountain apple, papaya, lemongrass, citrus trees, avocado, apple, timber bamboo, and more!Shed, toolroom, 8'x8' screened camping pavilion.Save money on utilities! Home is on 10,000 gallon water catchment (new) and septic.Connected to electric grid.Lava Zone three (same as Hil...
Read Moreo....people come here to see the Volcano, and go to Kahena Black Sand Beach, as well as the steam vents, and the gorgeous puna coast)Expenses:HELCO Electric: $150 monthProperty Taxes: $57 monthRoad Dues: $23 monthTerms:1. CASH 2. BANK FINANCING3. SELLER FINANCING: w/ 50% down @ 8% = $1,364 interest payment per month. Refinance in 2yrs and cash seller out, OR extension of contract possible.This Keaau, HI owner financing home is a single family home with , 6 beds and 4 baths. To learn more about this owner financing home or other owner financing homes, make sure to click on the tabs above.
This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.