Hale Nanea Hualalai Apartment Homes

Kailua-Kona
75-216 Hualalai Road

92 Units build-to-sell Investment Opportunity.

Project Highlights

Entitled, Permitted & Construction Ready

Although in an area with a 3-5 year barrier for entitlements, the project is fully entitled, permitted, and construction-ready. Phase 1 comprises 44 apartment homes and has obtained and paid for the grading and building permits.

Opportunity Zone

The property is in an Opportunity Zone, a government initiative to attract private sector investments in low-income communities and stimulate economic growth.

Stability

The project will provide stability for investors based on its central location in the heart of Kailua-Kona and with it being ground-up new construction no ill effects of deferred maintenance issues will exist.

Vacation Rental Approved

The property approvals include a minimum 7-day vacation rental covenant, providing residents an opportunity to generate passive income.

8297015
LP Profit
27.9
% LP IRR
1.59
X LP Multiple
24
Month Payback

Property Gallery

KuiKahi Developments is proud to present a rare investment opportunity located in the heart of Kailua, Kona. The 92-unit Hale Nanea Hualalai Apartments Project is fully entitled, permitted units, and ready for construction. The property is located within an Opportunity Zone, providing tax incentives for potential investors. It is one of few properties in the area, approved for vacation rentals, ensuring a profitable business model. 

Expertise. Service. Success.

Want to learn more?

If you want to learn more about this opportunity, please contact us and we will be happy to answers all your questions.

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