Your email has been sent.
56-2864 Akone Pule Hwy 32.41 Acres of Commercial Land Offered at $11,223,586 CAD in Hawi, HI 96719
Investment Highlights
- Strong marketability and brand recognition
- Conditional Use Permits in place for expansion of additional cottages and events facilities
- 2 private pools on property
- Existing nightly rental and events income
- 4 Existing cottages, each with its own history, that accommodates 16 guests
- Approvals to add accommodations for additional 21 nightly guests
Executive Summary
This opportunity offers for a buyer to enjoy current cash flow with the potential to significantly grow the property and revenues into one of the more quaint and substantial events facilities in the state of Hawaii.
Property Facts
| Price | $11,223,586 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Hospitality |
| No. Lots | 1 | Total Lot Size | 32.41 AC |
| Property Type | Land | ||
| Zoning | A-20A | ||
| Price | $11,223,586 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Hospitality |
| Total Lot Size | 32.41 AC |
| Zoning | A-20A |
1 Lot Available
Lot
| Price | $11,223,586 CAD | Lot Size | 32.41 AC |
| Price Per AC | $346,300.08 CAD |
| Price | $11,223,586 CAD |
| Price Per AC | $346,300.08 CAD |
| Lot Size | 32.41 AC |
An established guest ranch and events center located on an exquisite 32.41 acres of land located in North Kohala on the Big Island of Hawaii.
Description
A very rare investment opportunity: a fee simple, 32.41 acre guest ranch located in North Kohala on the Big Island of Hawaii. This meticulously maintained asset combines immediate cash flow with the potential to significantly grow the property and revenues into one of the more quaint and substantial event facilities in the state of Hawaii. Currently home to 4 guest cottages, which sleeps 16 guests, this opportunity has obtained the entitlements to increase sleeping capacity by an additional 21 guests, along with the construction of a more substantial events facilities. Through immediate marketing and operational enhancements, current NOI could also be increased by improving under-market ADR’s and frequency of events, to include company retreats, baby luaus or special events venue.
Property Taxes
| Parcel Number | 3-5-6-001-082-0000 | Improvements Assessment | $1,010,944 CAD |
| Land Assessment | $25,869 CAD | Total Assessment | $1,036,813 CAD |
Property Taxes
Presented by
56-2864 Akone Pule Hwy
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.