Paia Inn & Residences
Colliers is pleased to present the rare opportunity to own an iconic Boutique Inn and Residences on Maui’s North Shore. This picturesque beachfront nine-room Boutique Inn and Residences offers its visitors luxury accommodations, exquisite dining and special event spaces and weddings.
As a privately owned collection of properties, the Boutique Inn has ample opportunities to grow revenue throughout its various components that include:
- Award-winning, highly ranked, luxury Boutique Inn with 9 deluxe rooms, plus a restaurant and retail spaces
- Three separate homes or “Residences” that include a luxurious beach house and two multi-suite buildings that add an additional 6 rental units, plus a manager’s unit
- Sizeable parking lot (the lots and most of the properties may each have development or expansion potential for additional earnings and increased values)
- Commercial/retail and beachfront restaurant and events/wedding venue
- The 9 property portfolio (eight fee simple parcels and one leasehold) can be purchased in part or in its entirety.
- Strong Average Daily Rates (ADR) and above-market occupancy.
- High operating margins.
- Additional growth in new income and development potential throughout.
- Well-maintained property set among unique and eclectic shops and dining.
- Maui is perennially ranked among top beach destinations globally.
*Colliers represents the Seller on the Inn and commercial properties and Coldwell Banker represents the Seller on the Residences. Vacation rental permits are not transferable.