The owner of an 8-acre property on Maui, HI is seeking a 50% partner for development of the property. The property currently produces income from the rental of: a 4-bedroom residential house, the pad for a tiny home, a cafe, and the pad for a pizza truck. The owner is seeking to further develop the property through up to 14 more tiny home pads and restoration of grounds. The property was previously a botanical garden with 3-pavilions, and hundreds of exotic plants and flowers from all over the world. There are 2 parking lots that can hold up to 75-cars. Zoning also allows for: a child care nursery, kindergarten, school, adult day care center.
- Asking Price:
- $1,800,000
- Sales Revenue:
- $54,024
- Cash Flow:
- $48,462
Property Information
- Real Estate:
-
Real Property Included
- Living Accommodation:
-
4-bedroom, 2-bath, 1,616 sq ft residential house
- Location:
-
Maui
- Size in square feet:
- 8-acres
- Planning Consent:
-
yes
Business Operation
- Expansion Potential:
-
Additional 14 tiny homes sites at $1,000/month each.
- Reasons for selling:
-
Buying out 1 of the 2 existing partners.
- Trading hours:
-
n/a
- Employees:
- 0
- Years established:
- 1988
Other Information
- Home based:
- This business can be run from home.
