This is a leasehold property. Best income producing property in Hawaii ? Close to 10-15% Return on Investment. Over $20000/year income possible. Prime location in the complex. Nice and popular ground floor pool view unit, located in the popular and charming Kona Islander Inn condo hotel in the heart of Kailua-Kona by the ocean. The KII is a very popular smaller resort with a lush garden and charming buildings and lobby. Designated as a Hotel and DOES NOT need a vacation rental permit ! Unit 116 has a great rental history and reviews. Booked through May, earning great income ! The unit was renovated a few years ago with a new kitchenette and granite counter tops, and tiled bath. Older tiled floor, easily replaced. Furniture is included. ALL utilities such as Electric, water, Cable and Internet included in HOA fee. This Leasehold Complex has a Lease Contract that doesn't Expire until 2079.
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