My top 3 picks for Commercial property in Hawaii:
The video includes more detail and a clip of the third property listed below.
1. Boutique Hotel on a large piece of Fee Simple land in a triple A location. There’s an opportunity to re-brand the hotel and the owner is looking to restructure capital stack, both equity and debt.
2. Small neighborhood shopping center on Kauai. Located near the harbor, the property is just over 90% occupied, with reasonable rents. What caught our eye was the Owner’s contract to buy the fee simple interest under the property, making it a great long term investment.
3. Warehouse in Campbell industrial park, currently occupied by Oceanic companies. Located on just over 17,000 SF of land, this 9,200 SF property includes parking, a yard area, and interior space for both warehouse and office. Currently, the property offers a 9.5% return on income from the existing tenant for 2000.