4-Unit Quadplex with Ocean
For Sale
$1,300,000
77-6573 Sea View Circle, Kailua Kona, HI 96740
Four separately metered units offer assigned parking, shared laundry, and additional storage for each residence.
Property Size3,344 SF
Price / SF$388.76
Days on Market79
Property Features for 77-6573 Sea View Circle
General Information
Standard status
Active
Size
3,344 SF
Property subtype
Multi-Family
Building Details
Year Built
1991
Listing Agency:
Five Star Realty, Inc.
(808) 382-6871
Listed By:
Scott Startsman
(808) 698-6100
Source:
Hiestates
Added: Jul 30
Changed: Oct 13
Last Checked: Oct 16 at 8:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Five Star Realty, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4-unit quadplex contains approximately 3,344 square feet of interior living space on an 8,202 square foot lot. Built in 1991, the property includes four separate units with a combined total of 4 bedrooms and 4 bathrooms. Each residence has ocean views, one assigned parking stall, individual electrical metering, and dedicated additional storage. A brand-new roof and shared laundry facility are also in place.
The property is tenant occupied with established rental income and sits near the upper portion of Kona Sea View Lots. Its location provides access to Kailua-Kona town, shopping, dining, and the main highway, while the elevated setting offers cooler conditions. The address is 77-6573 Sea View Circle, Kailua Kona, HI 96740.
The property is tenant occupied with established rental income and sits near the upper portion of Kona Sea View Lots. Its location provides access to Kailua-Kona town, shopping, dining, and the main highway, while the elevated setting offers cooler conditions. The address is 77-6573 Sea View Circle, Kailua Kona, HI 96740.
Key Highlights
- 4‑unit property with 4 bedrooms and 4 bathrooms total
- Approximately 3,344 sq ft of interior living space on an 8,202 sq ft lot
- Ocean views from each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,147
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,002,940
$1.0M
Cap Rate 7%
$716,386
$716.4K
Cap Rate 9%
$557,189
$557.2K
Market Conditions
NOI Build-Up for 3,344 SF
Gross rent
$74.2K $22.20/SF
− Vacancy
−$2.6K −$0.78/SF
EGI
$71.6K $21.42/SF
− OpEx
−$21.5K −$6.43/SF
NOI
$50.1K $15.00/SF
Area
Hawaii County, HI
Vacancy
3.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,002,940
Cap Rate 7%
$716,386
Cap Rate 9%
$557,189
Alternative Uses
Best Use
Multifamily LT 5
$716.4K
$626.8K – $835.8K
NOI $50,147 @ 7.0% cap · market cap 3.86%
Second Best
Apartment 5plus
$656.2K
$574.2K – $765.6K
NOI $45,933 @ 7.0% cap · market cap 3.53%
Theoretical Best
Specialty Retail
$1.14M
$998.6K – $1.33M
NOI $79,887 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Demographics for 96740, HI
38,234
Population
19,119
Households
2
Avg Household Size
45
Median Age
35%
College-Educated
94%
High-School Grad
242.4 sq mi
ZIP Area
158
Density / Sq Mi
$94,091
Median Household Income
$42,605
Median Earnings
$1,692
Median Rent
$730,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four separately metered units offer assigned parking, shared laundry, and additional storage for each residence.
Where is this quadplex located?
The property is located at 77-6573 Sea View Circle Kailua Kona, HI.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 4‑unit property with 4 bedrooms and 4 bathrooms total; Approximately 3,344 sq ft of interior living space on an 8,202 sq ft lot; Ocean views from each unit
