For Sale
$4M
MOM: Estimated 2.1X. IRR: 37%
About the property
45 Acres in Kurtistown, just across from J. Hara Store & 7-11. The subdivision is on the right side of the highway as you head south (20min from Hilo), just past Kamehameha School. The subdivision begins at South Rd. and the property's entrance is on Huina Rd., right turn at the light and the private entrance is on the right.
Subdivision has Tentative Approval from Hawaii County Planning Dept.
40 one-acre lots with county water secured from Dept. of Water.
Comfortable climate at 2,000' elevation. Close to Hilo, schools, restaurants & shopping.
Heco power will be available & high-speed cable/internet.
Views of Mauna Kea & ocean views from portions of the property.
Location
Subdivision is located on the highway between Keaau and Mountain View. Quick and easy access to Hilo town or Saddle Rd to access Kona or Waimea.
Layout
Subdivision is rectangular in shape nestled to the right of the highway with the only entrance located off of Huina Rd. There is a 2,000' dedicable road "Hanalei Rd. running south to north through the middle of the community and a non-dedicable shorter road and cul de sac ('Ilikea) running across the lower section of the main road. A 12" water pipe will be installed to service the community, and there will be cost sharing from other developments that will use this new infrastructure we are installing.