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Hotel for Sale in Hawaii
SOLD
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This oceanfront hotel is a one of a kind property with great potential on the white sand beach of Kapaa, Kauai, Hawaii. The hotel is within walking distance of restaurants and shopping. It is a well established operation with high visibility. |
The hotel building is 2 stories with 25 guest units plus a one bedroom manager's apartment. More guest units can be added. The hotel property consists of three parcels, two of which are leasehold and one fee simple. The leases run until 2019 before renegotiation. |
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Oceanfront guest rooms are spacious and peaceful. Amenities include private beachfront lanai and refrigerators. Large sliding glass doors and louvered windows open to the cooling breeze of the tradewinds and provide unobstructed views of the Pacific Ocean. |
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The current absentee ownership has neglected the hotel so updating is needed. With some TLC and good management this will be a very profitable business. Asking price: $3,900,000 The price is flexible and owner financing can be negotiated. Submit your offer!!! Hawaii Tourism Authority |
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