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Property Description

This multi-unit property, located off Papalina Road in a desirable Kalaheo neighborhood on the southwest side of Kauai, presents a unique opportunity to acquire an R4/Form-Based Code-zoned 1.61-acre parcel. The property consists of 10 free-standing dwellings of varying ages, conditions, and sizes. It offers strong potential for ongoing income generation, redevelopment, renovation, CPR (Condominium Property Regime) conversion, and the possible addition of more dwellings.

The parcel consists of approximately 70,303 square feet, with moderate sloped topography and approximately 467 feet of road frontage, providing excellent access and flexibility for site planning and future development.

Important Notes for Prospective Buyers:
- If you drive by the property, DRIVE SLOWLY - 5 mph. Do not enter the property or disturb the tenants.
- No showings will be allowed until a bona fide offer is conditionally accepted. Additional information is available.
- All tenants are in long-term leases.
- Commercial lending is available through various resources.

Some of the Trust's beneficiaries live on the property and have a right of first refusal to purchase the property.

Overview

Property Status
For Sale
Lot Size
1.61 Acres
MLS ID
729349
Property Type
Multi-Family
Year Built
1952

Features & Amenities

Neighborhood
Kalaheo
View Description
Mountain(s)
Utilites
Cable Available, Electricity Available, Phone Available
Lot Features
Level, Gentle Sloping
Parking
Other
Sewer
Cesspool
Sales Price
$5,360,000
Real Estate Tax
$5,938/yr
Zoning
R-4

Downloads

2521 TEXEIRA LP

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We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

Thank you

for your interest in 2521 TEXEIRA LP, Kalaheo, HI 96741

2521 TEXEIRA LP
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