Hale Moi – Good income for the dollar.
Aloha,
If you are looking for a property that offers good rental income, is well priced and completely buffed out, Hale Moi 216 is for you. Listed for $395K, this property has over $50K of improvements and brings in $2100 a month! Do the numbers and you’ll see that with 20% down and our current historically low interest rates, this unit can pay for itself.
If you are not familiar with Hale Moi, it is a small complex located along Ka Haku road in Princeville. Each unit has a main door that opens to a foyer with a bedroom / bathroom on one side (B side) and a living / dining area, loft (in the upstairs units) bathroom and kitchen in the other side. (A side) Each side has a locking entry door. Many owners put a small apartment sized refrigerator and microwave in the B side and rent that side out separately from the A side. It’s also a great property if you want a full time place for yourself yet still want to generate some income. For a more spacious living area, just convert the B side back to a bedroom minus microwave and refrigerator and enjoy the entire unit yourself.
The unit has been completely renovated with new paint and carpet, new ceiling fans in both the A and B sides, new Maple kitchen cabinets and bathroom cabinets, granite tile kitchen counter tops, stainless steel appliances including a micro hood above the range and ceramic tile flooring in kitchen and bathrooms. The counter in the kitchen was lowered to create a very functional breakfast bar for casual dining which is adjacent to the dining area. There are new “Glacier Bay” bathroom vanity counter tops with new faucets and fixtures in both bathrooms and a new water heater. You can enjoy wonderful mountain and waterfall views from throughout the unit and off the back lanai with a peek of the ocean from ‘A’ side living area.
If you want to whale watch or just enjoy the ocean views, just walk across the street to the ocean or go a short distance further to Hideaways beach. Hale Moi 216 is also within walking distance of the new St Regis Princeville Resort which is currently under renovation.
This unit is fully furnished. Since Hale Moi is in a Visitor Destination Area this unit can qualify for vacation rental. This is the lowest priced and by far the nicest Hale Moi currently on the market. Here are all the Hale Moi listings:
Copyright 3/11/2009 by Hawaii Information Service
221360 T A 13 4-5-4-12-2-36 FS $395,000 Hale Moi #216 1,033 #216 2/2
210522 T A 317 4-5-4-12-2-16 FS $419,000 Hale Moi #116 1,033 #116 1/2
209061 T A 329 4-5-4-12-2-6 FS $450,000 Hale Moi #106 1,033 #106 2/2
219471 T A 70 4-5-4-12-2-39 FS $493,000 Hale Moi #219 1,033 #219 1/2
204020 T A 468 4-5-4-12-2-28 FS $495,000 Hale Moi #208 1,033 #208 2/2
193722 T A 702 4-5-4-12-2-35 FS $529,000 Hale Moi #215 1,033 #215 1/2
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.
Here are some pictures of the unit:
Brand new kitchen with granite tile countertop and maple cabinets.
View of ocean from your parking lot. Literally just steps away.
Breakfast bar at kitchen.
New cabinets, countertops, fixtures and floor in bathroom.
Looking down into living area from loft.
Nothing but lush vegetation, mountains and waterfalls from lanai.
Walk across the street to ocean, Bali Hai, sunsets, whales and beaches.
For additional information on this or any other property, just call or email. Don’t wait too long and miss out on this great Hale Moi unit.
Aloha Elaine
Elaine Schaefer (R, CRS, GRI, ABR)
Broker in Charge – Princeville Resort Office
Certified Residential Specialist
Graduate, Realtor’s Institute
Accredited Buyer’s Representative
Top Producer 100% Club
RE/MAX Kauai
Princeville Resort Office
POB 223632
Princeville, HI 96722
cell: 808 639 2935
home fax: 1 808 440 4552
email:soldonkauai@yahoo.com
website: www.kauairealestatenow.com
blog: www.blogs.alohaliving.com/princeville-condo-sales
……you can have your own piece of paradise
ask me how!
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