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.