For Sale
For Sale
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Overview
Colliers International has been retained as the exclusive marketing advisor to sell the combined fee simple & leasehold interest in the Maui Seaside Hotel, a 181 room limited-service hotel with a restaurant and a swimming pool in Kahului, Maui. Founded by the Kimi Family in 1956, Maui Seaside Hotel embodies the spirit of Hawaii; a place where hospitality is at the forefront.
This offering represents the opportunity to acquire a beachfront hotel in Kahului, in a market with limited competition and high barriers to entry. The Maui Seaside Hotel also has the benefits of being unencumbered by a hotel management contract and is ideally located on Maui, a world renowned destination.
The hotel is situated on 4.2 acres (approximately 182,673 square feet) of land. Approximately 29,918 sf of land will be conveyed as a permanent easement, which could be subdivided and converted to fee simple ownership post closing. This sale provides an investor with stable in-place cash flow in one of the highest RevPAR destinations in the United States, and year-over-year increased consumer demand.
Property Details
Maui Seaside Hotel Fee Simple Hotel for Sale
Colliers International has been retained as the exclusive marketing advisor to sell the combined fee simple & leasehold interest in the Maui Seaside Hotel, a 181 room limited-service hotel with a restaurant and a swimming pool in Kahului, Maui. Founded by the Kimi Family in 1956, Maui Seaside Hotel embodies the spirit of Hawaii; a place where hospitality is at the forefront.
This offering represents the opportunity to acquire a beachfront hotel in Kahului, in a market with limited competition and high barriers to entry. The Maui Seaside Hotel also has the benefits of being unencumbered by a hotel management contract and is ideally located on Maui, a world renowned destination.
The hotel is situated on 4.2 acres (approximately 182,673 square feet) of land. Approximately 29,918 sf of land will be conveyed as a permanent easement, which could be subdivided and converted to fee simple ownership post closing. This sale provides an investor with stable in-place cash flow in one of the highest RevPAR destinations in the United States, and year-over-year increased consumer demand.
- Property TypeSpecial Purpose
- Total Acres1.66
- Number of Floors3
- ZoningB-2
- Property ID2178512