This licensed vacation rental brought in a staggering Gross revenue of $152,857 for 2018. To date, there is $139,394 worth of Gross revenue generated by this property on the books for 2019. Forward booking revenue is to be credited to the buyer at closing for excellent, immediate income — adding to the already incredible value of this property for the buyer. This centrally located, turn key investment property, is 'grandfathered' in with a vacation rental permit — the County of Kauai does not issue new vacation rental permits — this permit adds considerable value to the property. Moana Kai B enjoys very high occupancy and a tremendous net cash flow. Conveniently located on Kapaa's Royal Coconut Coast, this 3 bedroom, 3 bath beach house is part of a small 3 unit complex with no shared walls! Moana Kai B looks out over the ocean and the Kapa'a bike path! This property is a must see with amazing ocean views right from the comfortable living rooms, bedrooms and large lanai. The home boasts covered parking and a large, outdoor storage area — perfect for bikes and surfboards or whatever your heart contents! The large covered lanai facing the pool and the ocean is a favorite for guests as it includes a very spacious, private hot tub, an outdoor shower, teak dining set and chaise lounges plus a large barbecue. The cool trade winds across the lanai are a nice bonus! The beach just out front is known locally as "baby beach" as this area is relatively sheltered by a rocky ledge that the waves break on. This is a great opportunity to acquire a beautiful near ocean front Kapa'a home, second home and/or income property at a great price. See link here for virtual tour of the property: https://my.matterport.com/show/?m=CKcoz76wzpG&brand=0 The information contained herein is reliable but not guaranteed buyer to perform due diligence and independently verify all facts and figures
Front Load, Individual, Stacked Washer/Dryer
Dishwasher, Disposal, Gas Grill, Microwave, Range/Oven, Refrigerator
Almost Oceanfront, Rocky Beach, Sandy Beach, Stream/Canal
This Single Family Residence is priced at $1,049,000 and located at Moana Kai Beach Houses B, . With 3 Bedrooms and 3.00 Bathrooms, it offers a total of 1450 Square feet. This Residential was built in 1990 and its status is Contingent. Moana Kai Beach Houses B is in proximity to Schools. This property is represented by Tierney Rose of Vacation Realty Hawaii LLC, our team of Realtors can represent you at no additional cost.
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Listing information last updated on August 23rd, 2019 at 11:10am HST.