Kawaihau Waipouli Wailua Beach 420 Papaloa Road

$8,950,000

Price Beds Baths Living Area Land Area Elevation Year Built MLS# DOM Listing Status
$8,950,000 206 206 - 5.01 ac 19 feet 1969 232716 715 Days Withdrawn

Investment opportunity! The Kauai Sands Hotel with an outstanding location on the Coconut Coast of Kauai. Large lobby/restaurant building on the oceanfront with lots of parking, 2 pools and other improvements on a 5 acre parcel of land. 206 hotel rooms. Excellent location at the southern edge of the Coconut Marketplace resort area. Walking distance to shopping, restaurants and visitor activities. Existing business improvements consisting of a 206 economy hotel and conference center located in Waipouli area of Kapaa, Kauai, Hawaii. 31 king bed, 167 double queen and 8 three beds units available containing remote control color cable TV, pay per view, mini fridge, air conditioning, ceiling fans, full bath, direct telephone, private lanais. Full kitchenette units available. all units accessed via interior corridors.Interested parties must register for due diligence materials and sign confidentiality agreement. Current lease rent is annual.

Property Features

Kitchen-Community,High Traffic

Home Details

Type Commercial
Year Built 1969
Beds 206
Baths 206.00
Living Area -
Design -
Security -
Water Municipal
Exterior Living Area -
Other Square Footage (Total) -
Price per Sq Ft -
Pool N
Car Storage -
Sewer Other (remarks)
Heating / Cooling -
Fireplace -
Floor Covering -
Appliances -

Exterior Details

Land Area 5.01 ac
Elevation 19 feet
Easement -
Lot Topography Fairly Level
Lot Description - Land -
Flood Zone AE
View Coastline, Ocean
Frontage Almost Oceanfront, Sandy Beach
Fencing -

Condo Details

Condo Unit -
Unit Description -
Complex Name Kauai Sands Hotel

Tax Information Reported by Agent

Property Tax $99,531
Tax Value $13,232,000
TMK# 443002012

Price Details Payment Estimator

Current Price $8,950,000
Original Price $8,950,000
Price Change

-

Terms Acceptable Cash, PMM
Land Tenure Lease Hold
Mortgage Payment

Annual Taxes

$99531

Monthly Dues

-

Est. Payment

-

Community Details

Subdivision Wailua Beach
CCRs No
Zoning RR
Schools -

Lot LinesExplore in 3D

Public Tax Records for 420 Papaloa Road

Values - 2012 Assessment Year

Property ClassHOTEL
Land Value$3,789,400
Land Exemption$0
Net Taxable Land Value$3,789,400
Building Value$8,850,600
Building Exemption$0
Net Taxable Building Value$8,850,600
Total Taxable Value$12,640,000

Sales

Instrument DateSale PriceInstrument #Instrument TypeInstrument TypeRecordation DateLand Court
Doc #
Certificate #Conveyance Tax
03/28/2011OTHEROTHER01/21/20114041921286258
09/08/2010OTHEROTHER07/12/20103978223286258
12/07/2006$15,000,000LEASELEASE12/07/2006352377928625842000
05/03/2005OTHEROTHER
05/02/2003LEASELEASE06/04/20032938461286258
07/29/1992$2,720,624000000000011/17/199219708322862581360.31

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Property Listed By

Paul Kyno (RA) EcoBroker Certified

Phone:(808)$e$ 651-3287$e$ (C)$e$

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