$26500

2 BD 2 BA 600 SQFT 10 ACRES
45 Kai Malina, Lahaina, HI, 96761
Status:  ACTIVE
Listing Number:  389332
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+ 2 Photos
property description

THIS IS A DISTRESSED SALE. The $26,500 List Price is far below the Developer's current sales price of $57,000+. This will be a multiple offer situation. THIS IS A FRACTIONAL OWNERSHIP PROPERTY. Owners receive a fee-simple undivided interest in a condominium with use rights for the one-bedroom lock-off unit for 7 nights each year. This ownership comes with 148,100 StarOptions points which can be used to reserve other units, outside their deeded season, residence type and home resort. THE PROPERTY IS ZONED AND APPROVED FOR NIGHTLY RENTALS. In 2019 the average rental rate for non-shoulder seasons was approximately $915/night for the two-bedroom, or $614/night for the one-bedroom unit. The studio was over $350/night. Past rental performance is no guarantee of future revenue. The Westin Nanea Ocean Resort Villas the perfect island retreat. Located on Ka’anapali Beach, this spacious two-bedroom villa includes private lanais, full-sized kitchen, washers and dryer, generous living and dining room areas, and complimentary Wi-Fi. The beachfront resort includes on site amenities including multiple pools, spa, tennis, restaurant, gym, full concierge, security, spa and other services. MAINTENANCE FEE AND TAXES: The Maintenance Fee includes all property taxes, HOA fees, Common area fees, maintenance fees, housekeeping and a reserve to upgrade all furniture and fixtures and appliances at regular intervals, typically every 5 years. Maintenance fees are due on January 1 of each year. The total maintenance fee for this property is $2,454.34 per year.

Country:  Maui
Property Type:  Residential Income
Property Sub Type:  Fractional
property information
Primary Features
Price:  $26500
Bedrooms:  2
Bathrooms:  2
Size in Square Feet:  600
Size in Acres:  10
Location:  Kai Malina, Lahaina, HI, 96761
Status:  ACTIVE
Listing Number:  389332
zoning:  N/A
Additional
residential condominium:  no
year built:  2015
External Features
carport:  No
Carport Number of Cars House:  N/A
parking:  No
photo-voltaic installed:  Yes
pool:  N/A
waterfront:  Ocean Front
Location Information
district:  Kaanapali
plat:  014
street designation:  Pkwy
View:  Mountain/Ocean
Financial Information
land tenure:  Fee Simple
potential short sale:  N/A
Tax Map Key:  2440140050000
Tax Year (Ending):  N/A
Taxes Per Month:  N/A
Barry Brown
Barry Brown Owner R(B) 14581 (808) 870-8888 barry@barrybrownmaui.com
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