Clean and comfortable ground floor leasehold one-bedroom, just steps away beach and pool. Upcoming improvements to the property include an INTERIOR RENOVATION PROJECT, which is scheduled to begin in June 2024 and is currently expected within E-109 sometime between April 2025 and May 2025. Please see Associated Docs. Buyer to cooperate with seller’s 1031 exchange. Current maintenance fee includes the water, sewer, trash, basic cable WIFI, phone, building insurance, landscaping, care of pools, and a reserve. This is a leasehold unit and the Leased Fee interest is currently available to purchase for $500,000 from Medusky & Co., Inc. Profit Sharing Plan, if sale closes by May 31, 2024 and would close simultaneously with the purchase of the leasehold interest, if desired. Unit has a Split-System AC. 4 Comparable Units Sold in Papakea Resort I II (Last 6 months)
This property is listed by A Million Or More Corp Maui Luxury Real Estate may represent you as a Buyer's Representative. This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. Copyright 1995-2016, REALTORS® Association of Maui, Inc. |
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