| MLS: 401782 (Active - For Sale) Condo: Royal Kahana #316 Asking Price: $609,000 Fee Simple District: Napili/Kahana/Honokowai Street: 4365 Lower Honoapiilani Rd Maintenance Fee: $783.00 Beds: 0 Baths: 1 Living Area: 431 SF Land Area: 3.46 Acres Vacation Rentable: Yes Features: View Days on Market: 38 |
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, lanai furniture, single sofa and electrical panel. 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. Priced to sell, call your favorite Realtor to make an offer.
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