4-1516 Kuhio Hwy - Hospitality FOR SALE


Kapaa, HI 96746
$10,800,000 USD
657-378-7368
4-1516 Kuhio Hwy, Kapaa, HI for Sale
$10,800,000 USD
Hospitality - FOR SALE
1/13
null | Request Cap Rate

4-1516 Kuhio Hwy
Kapaa, HI 96746


HIGHLIGHTS

  • Turnkey, with stabilized in-place cash flow, providing immediate, reliable income.
  • Prime Kauai location, situated in one of Hawaii’s most supply-constrained hospitality markets with consistently strong tourism demand.
  • Boutique asset appeal with 27-room property offers operational flexibility, personalized guest experience, and strong pricing power.
  • Favorable price per key, approximately $400,000 per room, competitive for coastal Hawaii hotel assets.
  • Great opportunity to enhance revenue through rate optimization, brand repositioning, light renovations, and improved marketing strategies.

OVERVIEW

Discover Hotel Coral Reef, located at 4-1516 Kuhio Highway in Kapaa, Hawaii, positioned along the island’s picturesque coastline. Take advantage of direct access to Kapa’a Beach Park, Kapa’a Town Park, and the renowned coastal bike path. The hotel benefits from exceptional visibility along Kuhio Highway, which sees over 22,000 vehicles per day. Guests enjoy premium amenities, including oceanfront lanais, a private lagoon-style pool with a tropical waterfall, complimentary Wi-Fi and parking, on-site oceanside massage services, bicycles, barbecue grill access, and lobby coffee service. Each room features desirable conveniences such as balconies, high-speed internet, and patios. Set on 1.09 acres, the property is surrounded by popular restaurants, retail, bus line access, and top attractions, including Ho’olalaea Waterfall, Nawiliwili Harbor, and Nawiliwili Bay. This Kapaa hospitality asset offers investors immediate cash flow with long-term upside through revenue optimization, brand repositioning, and value-add capital improvements, ideal for private investors, family offices, or hospitality funds seeking exposure to Hawaii’s resilient lodging market. The lot adjacent to Hotel Coral Reef is also available for sale separately where you can expand the Hotel with a 5 Key Expansion or build a 15 Unit Condominium Complex. Just 29 minutes from Lihue Airport and located in an area with an average household income of $108,000, Hotel Coral Reef benefits from strong year-round tourism, with Kauai welcoming 1.37 million visitors in 2024, making this a premier investment opportunity in Hawaii’s thriving hospitality sector.

FOR SALE DETAILS

PRICE

$10,800,000 USD

PRICE/SF

$305 USD /SF

# OF ROOMS

27

PRICE/ROOM

$400,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hotel Coral Reef

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1953

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

CG

APN/PARCEL ID

4-4-5-012-006-0000

ASK ABOUT THIS PROPERTY

Davis NiehausCaribou IndustriesMore Info
657-378-7368

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Davis NiehausCaribou IndustriesMore Info
657-378-7368

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.