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$ 3,600,000
Est. payment | /mo
10,807 Sqft Lot
$ 3,600,000
Est. payment | /mo
10,807 Sqft Lot
Key Details
Property Type Commercial
Sub Type Commercial-For Sale
Listing Status Active
Purchase Type For Sale
Subdivision Puuone Tract
MLS Listing ID 410862
HOA Y/N No
Annual Tax Amount $15,671
Tax Year 2025
Lot Size 10,807 Sqft
Acres 0.2481
Property Sub-Type Commercial-For Sale
Property Description
Also listed under Multi-Dwelling MLS #410861. 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.
Location
State HI
County Us
Area Wailuku
Building/Complex Name Hale Nani
Zoning A-2
Interior
Cooling Room A/C
Exterior
Parking Features On Site
Waterfront Description None
View Y/N Yes
View Ocean
Roof Type Shingle
Building
Story 2
Water Large Water Meter
Listed by Coldwell Banker Island Prop(S) • Cell: 808-280-4115
Nearby Locations

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