Description
Also listed as Commercial MLS #410862. Rare opportunity to acquire Hale Nani, a 10-unit multifamily property in an elevated Wailuku location with beautiful ocean, harbor, Haleakala and Central Maui views. The property consists of six 2-bedroom/1-bath units, two 1-bedroom/1-bath units and two studio/1-bath units. Each residence is separately condominiumized with its own individual TMK, providing an ownership structure and future disposition flexibility rarely found in a traditional apartment property. Current scheduled residential rents total approximately $20,950 per month, or $251,400 annually, plus approximately $2,160 in annual laundry income. The property is normally fully rented. Since acquiring Hale Nani in 2024, the Seller has completed substantial improvements and major repairs, including upgrades to four units, exterior stucco work, roofing, siding and other significant improvements. Seller reports that the major deferred-maintenance items have now been addressed.
Details
| MLS # | 410861 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 22 |
| Listing Provided By | Coldwell Banker Island Prop(S) | Ken Smith |
| Type | Multi Family |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 2,802 |
| Story(s) | 2 |
| Zoning | A-2 |
| Acreage | 0.25 |
| Property View | Yes |
Interior
| Interior Features | TV Cable, Family Room |
|---|---|
| Appliances | Range, Refrigerator |
| Fireplace Yes / No | No |
Utilities
| Utilities | Cable Connected |
|---|---|
| Electric | Underground |
Taxes
| Property | 15671 |
|---|
Area Information
| State | HI |
|---|---|
| City | Wailuku |
| Zip Code | 96793 |
| Area | Maui |
| Subarea | Wailuku |
| Community Name | Harbor View |
| School District | Henry Perrine Baldwin High |
| Elementary School | Wailuku Elementary |
| High School | Henry Perrine Baldwin High |
| Listing VS Median (in Harbor View) | |
Price: $3,600,000 low | high Med: $1,982,500 sqft: 2,802 low | high Med: 1,623 $ / sqft: $1,285 low | high Med: $1,053 On site: 22 low | high Med: 135.5 | |
Market Activity 96793
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Learn More About This Property
| State | HI |
|---|---|
| City | Wailuku |
| Zip Code | 96793 |
| Area | Maui |
| Subarea | Wailuku |
| Community Name | Harbor View |
| School District | Henry Perrine Baldwin High |
| Elementary School | Wailuku Elementary |
| High School | Henry Perrine Baldwin High |
| Listing VS Median (in Harbor View) | |
Price: $3,600,000 low | high Med: $1,982,500 sqft: 2,802 low | high Med: 1,623 $ / sqft: $1,285 low | high Med: $1,053 On site: 22 low | high Med: 135.5 | |