• Overview 27 Beds, 13 Bath, 9462 SQ. Feet, 1.61 Acres
• Listing Type Multi-Family
• Office: Coldwell Banker Island Properties - Kauai

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.

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Quick Details

This Property is priced at $5,360,000 and located at 2521 Texeira Lp, . With 27 Bedrooms and 13.00 Bathrooms, it offers a total of 9462 Square feet. This Multi-Family was built in 1952 and its status is Active. This property is represented by Milo Spindt of Coldwell Banker Island Properties - Kauai, Contact Number 8086317602.