facebook
Traded Co logo
Submit

Estate Of Paul Allen Sells Hawaii's Big Island SFR For $43M

Property Image
SOLD
$43,000,000

Hawaii

See Similar Deals
Single Family Residence12,000 SF
Sold 08/03/2020
the dealplayerscompscontact
Property Image
SOLD

Estate Of Paul Allen Sells Hawaii's Big Island SFR For $43M

Kailua Bay, Kailua Kona, Hi, Usa

See Similar Deals
Single Family Residence12,000 SF
Sold 08/03/2020
Contact now

Summary

HAWAII
Asset Type:Single Family Residence
Price Per Square Foot:$3,583
Total Square Footage:12,000 SF
Transaction Type:Sale

The Estate of Paul Allen, co-founder of Microsoft, has sold a single-family residential property located in Kailua Bay, Hawaii's Big Island. The property, spanning 12,000 square feet, was sold for a hefty price of $43,000,000, resulting in a price per square foot of $3,583. The transaction took place on 8th March 2021.

Summary of transaction details

  • Property Type: Single Family Residential (SFR)
  • Transaction Amount: $43,000,000
  • Market: Hawaii’s Big Island, Kailua Bay
  • Seller: Estate of Paul Allen - Microsoft
  • Brokers: Carrie Nicholson & Neal Norman - Hawai’i Life

The sale of this remarkable property on the Big Island was facilitated by brokers Carrie Nicholson and Neal Norman from Hawai’i Life. The transaction stands as a significant achievement in Hawaii's real estate market, and the involvement of well-known figures, such as the Estate of Paul Allen, adds prestige and interest to the deal.

Details

SOLD
IMAGE: Paul Allen DATE: 08/03/2021 MARKET: Hawaii’s Big Island, Kailua Bay ASSET TYPE: SFR SELLER: Estate of Paul Allen - Microsoft BROKERS: Carrie Nicholson & Neal Norman - Hawai’i Life SALE PRICE: $43,000,000 SF: 12,000 ~ PPSF: $3,583

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$2,293,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$152,769.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$203,841.94
Annual Debt Service$2,446,103.25