$3,600,000

8 Bedrooms Single Family Detached

  • 8 Beds
  • 2 Baths
  • 2,802 Sqft
  • 10,808 Sqft lot
  • Updated: Today
  • MLS#410861

About the Property

Also listed as Commercial MLS #410862. Rare opportunity to acquire Hale Nani, a 10-unit multifamily property in an elevated Wailuku location with beautiful ocean, harbor, Haleakala and Central Maui views. The property consists of six 2-bedroom/1-bath units, two 1-bedroom/1-bath units and two studio/1-bath units. Each residence is separately condominiumized with its own individual TMK, providing an
Also listed as Commercial MLS #410862. Rare opportunity to acquire Hale Nani, a 10-unit multifamily property in an elevated Wailuku location with beautiful ocean, harbor, Haleakala and Central Maui views. The property consists of six 2-bedroom/1-bath units, two 1-bedroom/1-bath units and two studio/1-bath units. Each residence is separately condominiumized with its own individual TMK, providing an ownership structure and future disposition flexibility rarely found in a traditional apartment property. Current scheduled residential rents total approximately $20,950 per month, or $251,400 annually, plus approximately $2,160 in annual laundry income. The property is normally fully rented. Since acquiring Hale Nani in 2024, the Seller has completed substantial improvements and major repairs, including upgrades to four units, exterior stucco work, roofing, siding and other significant improvements. Seller reports that the major deferred-maintenance items have now been addressed.
  • Property type

    House

  • Price/sqft

    $1,284

Features

  • Laundry Room
  • Basement

Explore the Area

1683 Nana St, Wailuku, HI 96793, Hawaii, United States View on Google Maps
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Coldwell Banker Island Properties - WAILEA

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Coldwell Banker Island Properties - WAILEA
Hawaii, United States
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37
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2021
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Coldwell Banker Island Properties - WAILEA
Coldwell Banker Island Properties - WAILEA
3750 Wailea Alanui Drive, #A37 Box 4, 96753, WAILEA, Hawaii, United States
View agency profile
Last updated
Today
First listed
Sep 22
Listing reference
deksze
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