• Asking Price $609,000
  • 4365 Lower Honoapiilani Rd Lahaina, HI 96761

  • 2 Beds 1 Bath 431 SqFt
  • Townhouse or Condo / Resale (MLS)

Property Details for 4365 Lower Honoapiilani Rd, Lahaina, HI 96761

Facts

  • Year Built: 01/01/1975
  • Property ID: 879940284
  • MLS Number: 401782
  • Property Type: Townhouse or Condo
  • County: MAUI

Description

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

This listing is NOT a foreclosure. Jump on this opportunity to own this HOTEL ZONED Oceanfront, Oceanview Vacation Rental. Royal Kahana Resort is ZONED HOTEL RESORT (not on the Minatoya list) meaning it can operate as a vacation rental. Unit 316 features an upgraded bathroom and kitchen with extended granite counter-top space and extra cabinets making this studio a stand-out amongst others. The condo comes fully furnished, has central Air Conditioning and Washer Dryer. Recent upgrades include new vinyl plank wood flooring, and lanai furniture. Amenities at the resort include pool, barbecues, gym, shuffle board, activities desk, ping pong, and plenty of parking. Currently this unit is owner-managed and vacation rented via Airbnb. Per Seller, 2022 Gross revenue was $114,781.27 and 2023 Gross Revenue was $83,108.54. Buyer must honor all future reservations. Enjoy as a second home, or vacation rent when not using. HOA fees of $783/mo include all water, electricity, wifi/cable, trash, sewage and all exterior grounds and building maintenance. Seller to participate in a 1031 Exchange at no cost or obligation to Buyer. Seller accepting back up offers.

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