Kelly Moran
Office:808-969-9400
EMail:leads@hilo-brokers.com

69788 sq ft (7.68 acres) in Waiakea
Properties shown are represented by Hilo Brokers, Ltd. and other members of Hawaii Information Service.

400 HUALANI ST
HILO, HI 96720

South Hilo District, Big Island

$8,900,000

Listing ID: TMK 3220300030000 (MLS 602308)

Details:
Land: 334,635 sq ft (7.68 acres) House: 69,788 sq ft 1.0 Bath Built in 1973

Description:
Waiakea Villas is a low-rise condominium in a lush tropical setting located right in the heart of Hilo. This offering consists of 162 individual condominium units within the Waiakea Villas complex (which has 258 total units). There is a mix of studio, one-bedroom and commercial units. This complex has both "hotel/resort" zoning, allowing for short-term rentals, as well as "commercial" zoning for some of the units in buildings 9 and 10.

Each of the buildings has its own coin operated laundry facilities. On-site Owner's Association manages the facility and grounds.

There is an established track record of high rental demand and occupancy. Many of the units located on the top floors have high vaulted ceilings.

Koi fish filled lagoons with waterfalls and cascades surround the complex. Waiakea Villas offers a lovely on-site swimming pool, coin-operated shared laundry in each building, beautiful water views, plus a central Hilo location. Next to the attractive & picturesque Wailoa Park, a multi-acre greenbelt with large ponds, picnic pavilions and extensive jogging paths. Ample entertainment, shopping, dining and banking are just a short walk away. Walking distance to the ocean, Hilo’s famous Bayfront and Farmer’s Market Downtown. The airport, university, and even the beach parks are also within close proximity and are easily bike-able.

Highlights:
Features...
  • Community Laundry
  • Exterior Lighting
  • Landscaped
  • Smoke/Heat Detector
  • Walking/Jogging Path
Appliances...
  • Other (remarks)
Car Storage...
  • Unassigned
Design...
  • Double Wall
Fencing...
  • None
View...
  • Garden
  • Other (remarks)
Frontage...
  • Road/Street
  • Stream/Canal
Heat/Cool...
  • None
Pool...
  • Yes
Power...
  • Overhead
Roads...
  • Paved
  • Private
Sewer...
  • Sewer-Connected
Waste...
  • Included with Maintenance Fees
Topography...
  • Fairly Level
Television...
  • Cable
Water...
  • Municipal
Washer/Dryer...
  • Coin
  • Other (remarks)

162 individual condominium units within the Waiakea Villas complex.

The private swimming pool is centrally located.

Here is one of the 1 bedroom units decorated as a "Model" unit.

These lowrise Polynesian style buildings have tropical landscaping & lagoons.

Covered walkway leading to the pool.

A "kitchen studio" unit, has a full stove and refrigerator.

A studio unit staged with a sofa bed. The interior space is quite comfortable.

Each unit has a private lanai with views.

A view of the pool as seen from a covered walkway along one of the buildings.

A view of the pool as seen from one unit's lanai.

Walking distance to UH-Hilo, shopping and Hilo bayfront.

Aerial View of property. Boundaries are approximate.

Waiakea Villas Condominiums are located next to Wailoa Park in the heart of Hilo.

The one bedroom condos have a separate living room, full bath and separate bedroom.

The central location of this complex makes it highly desirable.

Adjacent to Wailoa Park - a great spot to picnic, walk, or feed the ducks.

An on-site owner's association manages the facilities and grounds.

Serene koi ponds and tropical landscaping are found throughout.

Zoning allows for short-term rentals.

County of Hawaii Plat map. Boundaries are approximate.

Tropical landscaping beautifully surrounds all buildings.

Some studio units are equipped with a full stove.

MLS map

Spacious open parking.

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