Updated 8/4/2008

SOLD $433,000. cash 8/4/2008

GOOD NEWS - I HAVE ONE MORE COMING ON LINE SOON - Unit B105 - email me for more information

Got a great unit for sale over at Vista Waikoloa Condominium Complex, This unit is in foreclosure, we have negotiated the lowest price in there since 2004, the final price after the Bank, Maintenance Fees, taxes, escrow fees, I am talking about out the door price of $439,000. We are in Escrow and scheduled to close on the 20th, 

We jusst need to move this for our client - before the bank takes it back. (by the way - the amount owed is about $525,000 - this was a hard negotiation to get at that $439,000 number)

Same floor plan closed in May for $625,000 (E 303) Granted this unit was cleaner - but $185,000 ????NO! 2 other distressed sales closed in there this year at $450,000. So this is still the best buy!

This is being sold - Turn Key - and even though I don't have last years records for vacation rental history - her tax records indicate it produced $65,000 income - not bad.

And this Unit is a ground floor, no waiting for elevators, no dragging your suitcases up the stairs, just walk off your huge Lanai, out onto the grass, smell the flowers. Also (A 102) is one of the few buildings that is protected from those strong Waikoloa winds, and your not looking into other units, or Kolea, just a nice open view. There is some Ocean in the view also, and your sitting right across the street from the trail down to "A" Bay Just stroll down to beach and watch one of the best sunsets in the world, feet in the sand, Pacific ocean, lapping at your feet! Life doesn't get much sweeter than this.

These units have a great Vacation Rental track record - just google them and take a look, this concrete building was built in 1990, has a great amenities - swimming pool, jacuzzi, BBQ area, mature landscaping, walk to the Kings shops, Queens shops, Hilton Waikoloa, you also get Waikoloa Beach Community Privileges owning one of these units (its not free though)

Aloha, and have a great day

Lance Owens (RS)

(808) 936-8383

Lance@KonaHomeTeam.com

Head over to my website for more photos

www.KonaHomeTeam.com

Aloha Kona Realty Inc.

78-6740 Alii Drive