Call Us: 808.664.1954 contact@turtlebaylandcompany.com

4161B Koko Drive.

Project Description

Investment Opportunity Closed

This property consists of 3 single family home dwellings in the highly desirable Wilhelmina neighborhood. The two front dwellings consist of a 2 bedroom, 1 bath home on the left (when facing the property), and a 1 bedroom, 1 bath home on the right. The front right dwelling is in tear down condition and it is also considered ‘legal non-conforming’. Both the front left 2 bed/1 bath dwelling and the back 3 bed/1 bath dwelling are in fair condition and will require a light renovation. The entire property sits on 10,490 sqft of land zoned Residential-5 (R-5), which adds additional amount of value since we, or the end buyer, can legally divide (CPR) the property.

  • Purchase Price: $775,000
  • Acquisition Date: March 16th, 2017
  • Construction Budget: $410,000
  • After Repair Value: $1,798,000
  • Current Status: In Progress

Please contact us for a full detailed description & summary if you are interested in investing with us on this project or future projects.

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