Property Address: 27-224 Old Mamalahoa Hwy
Papaikou, Hawaii 96781
Contact or Listing Agent: Stan Kramarz, Owner
Contact Email: stanmkramarz@gmail.com
Contact Telephone: 808-989-4719
Contact Toll-free: n/a
Contact Fax: n/a
Property URL: https://www.airbnb.com/rooms/34126029
Date Business Established: 2019
Trade Association Affiliations: n/a
Area Description: Located 6 min. from Hilo town on the Big Island of Hawaii, Riverfront B&B started accepting guests in February of 2019. The inn has been going great after few months in business, occupancy rate is around 60% with great reviews on Airbnb.com.
In just few minutes drive, you can visit waterfalls, beaches, parks, the Hilo farmer’s market and restaurants. Volcano National Park is just a 30 min. drive, Hilo Airport is just 10 min away.
Site Description: 0.5 Acre Riverfront Lot
Structural Description: Built in 1981 and renovated in 2019 this bed and breakfast has 2,938 SQFT including 3 Guest Rooms, 2 Guest Room Baths, and Owner’s Quarters. The building is hollow tile and cement construction.
Lower level of the house is the B&B. It has 3 bedrooms, living room, small kitchen, 2 restrooms and large lanai. Owner’s Quarters are upstairs with 3 bedrooms, 2 restrooms, kitchen, large living room and patio.
Offering: Home, furniture ,antiques and decor all included in the price of $777.000 This is turn-key B&B. Terms: pre-qualified financing. Riverfront Bed and Breakfast is a nice and easy business to run, has a gorgeous park like setting, a lot of tropical fruits, is riverfront, and you can catch your own crawfish! Relax under a large Banyan tree, no rat race here!
- Occupancy: 60%
- Average Daily Rate: $96 plus
- Income from Room Sales: n/a
- Property Taxes: n/a
- Electric: n/a
- Water & Sewer: n/a
- Gas: n/a
- Insurance: n/a