Hawaii Living

Valley Isle Resort #1108 (Napili & Kahana)

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4327 Lower Honoapiilani Rd #1108, Lahaina

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Description
Are you looking for a 2 bedroom, 2 bath W. Maui investment property that you can use a few weeks out of the year for YOUR VACATION, and rent out the rest of the year for RENTAL REVENUE? If YES, how does net rental revenue of $89,350 in Fiscal Year 2016 sound to you to offset expenses? Write an offer! Don't look any further.... Valley Isle unit 1108 has all of the great numbers, plus its DIRECT OCEANFRONT, has YEAR ROUND SUNSETS, and is located 7 minutes from Lahaina, and only 5 minutes to Kaanapali and Kapalua. This privately managed vacation rental on VRBO comes fully furnished, with reservations, turnkey, and HOA fees includes electric, water, trash, basic cable and internet. There is a sandwich lease of $73.36 per month that expires in 2024. Owner will consider seller financing to qualified buyer (20% down, interest only at 5% up to 5 years). Don't wait, make an offer NOW.
Past Activity
  • Jun 29, 2021 Sold for $875,000
  • Apr 09, 2021 Under Contract
  • Apr 01, 2021 Listed at $850,000
  • Sep 21, 2017 Sold for $728,000
  • Aug 22, 2017 Under Contract
  • Jun 14, 2017 Listed at $748,000
More Details
  • HOA Fees / ft²: $1.24
  • Price / ft²: $700
  • View: Ocean
  • TMK: 2430100040108
  • Courtesy: Epic Realty LLC / 808-280-0442
  • MLS: 374489
Good to Know
Note: This page displays all condos for sale in Valley Isle Resort.
The MLS properties are based on information from the Multiple Listing Service of REALTORS® Association of Maui. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.
  • Sold 9/21/17 at $728,000
    (List Price: $748,000)
Description
Are you looking for a 2 bedroom, 2 bath W. Maui investment property that you can use a few weeks out of the year for YOUR VACATION, and rent out the rest of the year for RENTAL REVENUE? If YES, how does net rental revenue of $89,350 in Fiscal Year 2016 sound to you to offset expenses? Write an offer! Don't look any further.... Valley Isle unit 1108 has all of the great numbers, plus its DIRECT OCEANFRONT, has YEAR ROUND SUNSETS, and is located 7 minutes from Lahaina, and only 5 minutes to Kaanapali and Kapalua. This privately managed vacation rental on VRBO comes fully furnished, with reservations, turnkey, and HOA fees includes electric, water, trash, basic cable and internet. There is a sandwich lease of $73.36 per month that expires in 2024. Owner will consider seller financing to qualified buyer (20% down, interest only at 5% up to 5 years). Don't wait, make an offer NOW.
    The MLS properties are based on information from the Multiple Listing Service of REALTORS® Association of Maui. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.
    • Jun 29, 2021 Sold for $875,000
    • Apr 09, 2021 Under Contract
    • Apr 01, 2021 Listed at $850,000
    • Sep 21, 2017 Sold for $728,000
    • Aug 22, 2017 Under Contract
    • Jun 14, 2017 Listed at $748,000
    Note: This page displays all condos for sale in Valley Isle Resort.
    Other Valley Isle Resort Listings
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.