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1300 Kamehameha V Hwy
Kaunakakai, HI 96748

$4,900,000 USD

Hotel For Sale • 35,382 SF

Property Details

Property Type Hotel
Total Building Size 35,382 SF
Lot Size 2.45 AC
Building Class B
Year Built 1968
Zoning H-1

0 Transit Score

10 Walk Score

                
                    Highlights
                
                                Molokai Island’s ONLY hotel provides a unique opportunity to have a virtual monopoly on the island’s hotel business
                            
                                Strong operating performance with a 2023 total occupancy of 58.8%, ADR of $213.25, and RevPAR of $103.41
                            
                                Upside potential to increase occupancy closer to peak of 69.4% in 2019 through minor improvements to the property
                            
                                Amenities include an outdoor pool with ocean views, bar, full lobby with multiple seating areas and guest computer, and free WIFI 
                            
                                Well-maintained with professional, proactive management
                            
                                Majority ownership allows for control over the condominium association

Property Flyers

Hotel Molokai-FS-NOV11

Amenities

Balcony
Pool
Restaurant
On-Site Retail
High Speed Internet Access
Patio
Beach (direct access)
Smoke-Free
Fully-Equipped Kitchen

Public Transportation

Airport	Drive	Walk	Distance
Molokai	20 min	-	9.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Ian Clagstone 808-208-8101 Standard Commercial LLC

1300 Kamehameha V Hwy Kaunakakai, HI 96748