INVESTMENT SUMMARY
- Price Reduction: $12,500,000
- Address: Kuhio Highway and Aleka Loop Kapaa, Kauai, HI 96746
- Land Area: 11.78 Acres
- TMK No.: (4) 4-3-7:27
- Zoning: RR-20 – Resort District
INVESTMENT HIGHLIGHTS
- Entitlements are secured in perpetuity (unique in the State of Hawaii) eliminating entitlement risk and costs, saving buyer a substantial amount of time and costs, as the entitlement process on Kauai can be arduous and lengthy without guaranteed outcome
- One of the few remaining beachfront parcels in the State
- The property is entitled for 192 condotel plus 6 hotel units
- Whole ownership luxury resort condominiums
- Fractional ownership is permissible
- Project is scalable and can be built in phases
- Resort style amenities
- High barriers to entry
- Infrastructure is constructed to site
PROPERTY LOCATION
- Situated between Courtyard Marriott Hotel and Waipouli Beach Resort
- Near the bustling and unique communities of Kapa’a and Wailua and includes a wide variety of restaurants, shops and tourist attractions
- Within 10 miles of the Lihue Airport
- Walking distance to the well-known Coconut Marketplace
- Within close proximity of 18-hole championship golf course and other courses
- Longs Drugs located across Aleka Loop
- Safeway & Foodland – full service grocery store across the street