Investment Opportunity: , Unit 314, Laie, FL - $-203,148 Profit

57-020 Kuilima Dr, Laie, HI, 96731

57-020 Kuilima Dr - #314

$3,879,000

Description

Ocean Villas 314 at Turtle Bay Resort is one of the nicest & most beautiful ocean view 3 Bedroom 2 Bath legal vacation rentals currently for sale on the island of Oahu. With its high occupancy, this property has excellent cashflow potential. Comparable Ocean Villas 3 Bedrooms gross $350,000+/yr in annual rental income. Located on the top floor, OV314 is adjacent to a white sandy beach, BBQ's, a private swimming pool and jacuzzi. This Villa has beautiful ocean views & includes a serene lanai where you can see the sandy beach & ocean. Turn-key! All luxury appliances, furnishings, artwork, kitchenware, linens, & future bookings included. Situated seconds away to a playful swimming beach & cove, the gated Ocean Villas at Turtle Bay are the only resort-zoned legal vacation rentals on the North Shore.(The next closest resort-zoning is 30-40 miles away!) Within the resort is a 5 Star hotel, world class golf, fine dining, surf, & helicopter tours. Turtle Bay Resort is situated on the famed and spectacular beach coastline of the North Shore of Oahu and only an hour to Honolulu. OV314 is easy to view between Sunday February 18 - Friday March 1. Welcome to paradise and Aloha!

Property Information
Monthly Rent
$4,000
Monthly HOA
$0
rental Policy
STR Restrictions
Yearly Taxes
$3400
Bedrooms
3
Bathrooms
2
SQFT
1,546
Furnished
unknown
Year built
2005
MLS
202326734

Long-Term Rental Information
Revenue
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$251,148

Expenses
Profit
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Cap rate
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Cash on Cash
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$4,000/mo

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