Colliers International brokers Nathan A. Fong and Andy Y. Kazama have just listed the 138 room Hilo Seaside Hotel for sale.
Hilo, Hawaii, November 2nd, 2020– Colliers International brokers Nathan A. Fong and Andy Y. Kazama have just listed the 138 room Hilo Seaside Hotel for sale. The hotel was developed by the Kimi family of Hilo, which still to this day continue to own and operate it. They have continued their original legacy for the hotel, which was always taking care of and servicing the locals and the budget-conscious traveler.
“We are honored that the Kimi family has entrusted us with this assignment. Hilo Seaside Hotel is an iconic hotel for both Hilo and for Hawai’i. This is the only Fee Simple Hotel opportunity in Hilo, which is also located within an opportunity zone.”
-Nathan A. Fong (B) – Senior Vice President
The Hilo Seaside Hotel is located on the Big Island of Hawaii just minutes away from the Hilo International Airport and Hilo Harbor. The Property is convenient for business travelers, neighbor island locals and visitors. Consisting of 138 rooms, the property sits on approximately 2.23 acres of V-75 (Resort-Hotel) zoned land with a total building area of approximately 46,374 square feet. The two and three-story buildings also includes amenities such as an outdoor pool and an on-site restaurant.
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For further information, please contact:
Sarah Lee Morihara President/Managing Director