333 Iliahi St - Hospitality FOR SALE


Hilo, HI 96720
$3,200,000 USD
808-969-9400
333 Iliahi St, Hilo, HI for Sale
$3,200,000 USD
Hospitality - FOR SALE
1/32
null | Request Cap Rate

333 Iliahi St
Hilo, HI 96720


HIGHLIGHTS

  • 18 Room Boutique Hotel
  • Half Acre of Land

OVERVIEW

Dolphin Bay Boutique Hotel - A Tremendous Opportunity! Never before offered for sale, the Dolphin Bay Hotel in Hilo was built in 1968, and has been owned and operated within the family since then. The 18-room boutique hotel is situated on a half-acre of land with parking, courtyards, and walking trails through a lush greenspace. With a long-standing reputation for quality of service in the spirit of Aloha, this is a tremendous opportunity to purchase a highly regarded and profitable, fee simple hotel property in Hawaii. See the video tour here: https://show.tours/v/pj8NVxs Solid concrete block construction and well maintained, located in lava zone 8 just North of Hilo, the property is on sewer and has refuse pickup. The Dolphin Bay Hotel has many awards and glowing reviews, operating in true family manner. This property offers tremendous potential for the right owner. Come and see this special opportunity for yourself. Room types: 5 Standard Studios: 2 with twins and 3 with queen bed 8 Superior (larger) Studios: 3 queen, and 5 queen & twin bed 4 One Bedroom Apts: 1 with queen and 3 with twin beds 1 Two Bedroom with 2 queens and 3 twins. In addition there is a manager's office, reception area, and storage/laundry room on site. Please do not solicit employees or owners regarding this listing; absolutely no unscheduled or unsupervised visits.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$766 USD /SF

# OF ROOMS

18

PRICE/ROOM

$177,778 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dolphin Bay Boutique Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1968

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

2A

APN/PARCEL ID

3-2-6-003-019,3-2-6-003-019-0000,3-2-6-003-18

ASK ABOUT THIS PROPERTY

Kona MoranHilo Brokers, Ltd.More Info
808-969-9400

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Kona MoranHilo Brokers, Ltd.More Info
808-969-9400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.