OCEANFRONT CONDO DEVELOPMENT KAUAI, HI Business For Sale in Hawaii

OCEANFRONT CONDO DEVELOPMENT KAUAI, HI

Real Estate - Other Real Estate | Real Estate - Comm. and Res. Real Estate Brokers

Asking Price:	$7,500,000	Inventory:
Gross Revenue:	Not Disclosed	Real Estate:	n/a
Cash Flow:	Not Disclosed	FF&E:	n/a
++ included in the asking price not** included in the asking price

Seeking investors for development of 9 condos on 1/2 acre of land. Each condo will be 1300 sq. ft. + 150 sq. ft. of lanai and should sell for about $1.5 million. Property is located on the sunny south shore of Kauai, Hawaii, with ocean front views and steps from the world famous, upscale Poipu beach. The development will also include a pool. Some permits and approvals are already in place. Development costs are about $7.5 million, revenue about $13.5 million, for $6 million profit. Developer owns other properties in

About the Sale

Reason For Selling:New real estate development, seeking investors

Seller Financing:Negotiable

KEYWORDS: Oceanfront, beach, condo, property, pool, upscale, real estate, Poipu, Kauai, Hawaii.

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Business Listed By
Mark Alexander \| Alexander, Covington & Co. View All of My Listings


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