4-1516 Kuhio Hwy - Hospitality FOR SALE


Kapaa, HI 96746
$16,800,000 USD
657-378-7368
4-1516 Kuhio Hwy, Kapaa, HI for Sale
$16,800,000 USD
Hospitality - FOR SALE
1/13
null | 5.3% Cap Rate

4-1516 Kuhio Hwy
Kapaa, HI 96746


HIGHLIGHTS

  • Stabilized Cash Flow: In-place annual NOI of $890,743.20, providing immediate and reliable income.
  • Attractive Cap Rate: Offered at a 5.3% capitalization rate, compelling for a boutique hotel in a premier Hawaiian resort market.
  • Prime Kauai Location: Situated in one of Hawaii’s most supply-constrained hospitality markets with consistently strong tourism demand.
  • Boutique Asset Appeal: 27-room property offers operational flexibility, personalized guest experience, and strong pricing power.
  • Favorable Price Per Key: Approximately $622,222 per room, competitive for coastal Hawaii hotel assets.
  • Upside Potential: Opportunity to enhance revenue through rate optimization, brand repositioning, light renovations, and improved marketing strategies.

OVERVIEW

Hotel Coral Reef presents a rare opportunity to acquire a boutique hospitality asset in one of Hawaii’s most desirable and supply-constrained resort markets. This 27-room hotel is being offered for sale at $16,800,000, generating a strong and stable Net Operating Income (NOI) of $890,743.20, reflecting an attractive 5.3% capitalization rate. Located on the island of Kauai, a market known for its limited hotel inventory, high barriers to entry, and consistent demand driven by leisure and luxury tourism, Hotel Coral Reef is well positioned to benefit from long-term appreciation and continued operational performance. Boutique properties of this size are increasingly sought after by investors due to their operational flexibility, unique guest experience, and ability to command premium nightly rates. The property offers investors immediate, in-place cash flow with upside potential through strategic revenue management, targeted renovations, brand repositioning, or operational efficiencies. The current income profile supports both yield-focused and value-add investment strategies, making the asset suitable for private investors, family offices, and hospitality-focused funds seeking exposure to Hawaii’s resilient lodging market.

FOR SALE DETAILS

PRICE

$16,800,000 USD

PRICE/SF

$475 USD /SF

# OF ROOMS

27

PRICE/ROOM

$622,222 {currency}

CAP RATE

5.3%

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.