Investment Opportunity – Well Maintained Almost Beachfront Hotel in West Maui
As I continue to share with you the properties I have toured for clients that are looking for water front properties on Maui, this one really jumped out at me as an income producing property. You just don’t see boutique hotels for sale on Maui, much less one that has its own private pathway to the ocean.
Commercial Property with Income Producing Potential
There is no deferred maintenance on this building (MLS# 352673). The owners have taken great pride in its condition – even the landscaping is well maintained. It’s also within walking distance to the farmer’s market and other local shopping. The twelve 1 bedroom units are very clean and well maintained as shown in the short video below.
Since the owners are older and have decided to sell, they are currently using most of the units as long term rentals with only a couple of them available for vacation rentals. They can all be converted, however, back to vacation rentals. There is ground floor parking for all units. and it is priced competitively at $3,649,000.
Spacious Penthouse with Ocean Views
There are 12 total 1 bedroom units, and a very spacious 2 bed, 2 bath 1,500 sq. foot penthouse.
Views from the 2 bedroom penthouse living room (MLS# 352673)
Views from 1 of the penthouse bedrooms (MLS# 352673)
Contact a West Maui Real Estate Specialist
This is a one-of-a-kind if you’re looking for an investment on Maui. Ask me questions.