Maui's Premier Boutique Hotel Portfolio, Hawaii

Location

Strategic Location: Centrally located in Paia, Maui’s most vibrant beach town just 10 minutes east of Kahului International Airport. Prominent highway frontage visibility and beachfront access

Business Description

Portfolio Overview:

• Luxury Boutique Inn: A highly-rated inn with nine deluxe rooms, a restaurant, bar, and retail storefront
• Parking Lot: Accommodates seven vehicles with potential for development or expansion.
• Residential Beachfront Homes: Two secluded single-family homes with direct beach access
• Residential Multifamily Properties: Two multi-dwelling residential buildings
• Beachfront Restaurant and Events Venue: Ideal for oceanfront dining and events
• Wedding Venue: Beachfront property with coveted Public Quasi-1 zoning, permitting wedding ceremonies and various other uses
• Commercial/Retail Building + Apartment: Freestanding historic building suitable for multiple uses.
• All renovated in 2018
• NOI revenues above $1 million

Investment Rationale

Diverse Portfolio: Includes nine parcels with hospitality, retail, restaurant, and beachfront residential properties

Proven Financial Performance: Strong revenue history with customizable financing options available

Future Development Potential: Opportunities for adding new hotel rooms and facilities to enhance property value and revenue

Prime Accessibility: Surrounded by local shops, restaurants, sandy beaches and county parking facilities

Transaction Information

List Price - $60m