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Auction Information
Auctioneer Higgenbotham Auctioneers 800-257-4161
Auction Date Nov 21 Auction
Location
317 S KIHEI RD
Kihei, Maui, HI
Time 11:00AM
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Auction Listing
AuctionZip Auctioneer ID# 2272

Income Opportunity With Ocean View Maui, Hawaii 11 A.M. Tuesday, November 21

INCOME OPPORTUNITY WITH OCEAN VIEW! RARE OFFERING-

Currently has 5 tenants renting at $6,465 on a month to month basis with a potential upstairs main apartment being rented at $2,200.00. Perfect for Vacation Rentals, Bed & Breakfast, Investment Groups, Fractional Owners.  Sixty-two steps to the gorgeous 5-Mile beach–from Maui Lu to Maalaea Harbor. This special place has it all. Great beach park and bus stop to the left, beautiful quiet beach out front, and miles of sand to & beyond Sugar Beach and canoe clubs to the right. Easy access in / out of Kihei.  Calm waters entice wind & kite surfing, stand up paddle, fishing, diving, whale watching, picnics at the park, and fabulous sunsets.

Currently has 5 tenants renting at $6,465 on a month to month basis with a potential upstairs main apartment being rented at $2,200.00

Multiple appliances, solar water heaters, Photo Voltaic (leased but seller to pay off)

ELEVATOR, addt’l handicap upgrades, multiple decks and lanais. Parking allows for 8 – 10 cars.

Main Apartment Upstairs: 2 Bedroom, 2 Bath, commercial kitchen, washer/dryer, lanai with ocean view, Potential rental of $2,200

Main Building has 1 bedroom that shares main upstairs apartment kitchen and bath, Current tenant renting for $700.00

Main Apartment Downstairs: 2 bedroom, 2 bath, full kitchen, washer/dryer, lanai with ocean view, Current tenant renting for $1,950

Studio Apartment Downstairs: 1 bath, outdoor kitchen, washer/dryer, garden view, Current tenant renting for $1,000

Upstairs Cottage: 1 bedroom, 1 bath, 594± SF, full kitchen, washer/dryer, lanai with ocean views, Current tenant renting for $1,615

Downstairs Workshop:  studio, 1 bath, full kitchen, washer/dryer, huge 1,049± sf, Ocean View, Current tenant renting for $1,200

12 x 15 storage building

In Co-operation with Kulamanu Realty, Mike Rocco RB07266

Property Location: 317 S KIHEI RD , Kihei, Maui, Hawaii   96753

Auction Location: On Site

Auction Schedule:11:00 A.M. Tuesday, November 21

Preview: By Appointment, please do not disturb tenants.

Real Estate Terms:

$50,000.00 Deposit Due Day Of Auction With An Additional $50,000.00 Due Within 72 Hours Of The Auction.

Balance Due At Closing On Or Before 45 Days

10% Buyers Premium

*Pre-auction offers are accepted.  Subject to pre-auction sale, change or withdrawal without notice.

Telephone Bidding:Phone Bidding Available, Pre-Registration Required At Least 48 Hours In Advance.




Auctioneer License Information: FL AU 305 AB 158

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