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30914718
30914744

47-039 Lihikai Dr, Kaneohe, HI 96744

FA
HI HI 177762, MI MI 6501418952
Powell & Aucello Hotel Real Estate Advisors
Listed by Powell & Aucello Hotel Real Estate Advisors
$24,500,000
72 days on market
Updated 1 day ago

Paradise Bay Resort

Details
APN 1-4-7-010-31, 48, 49, 50, 51, 52, 53, 56
Property Type Hospitality
Sub Type Hotel
Square Footage 21,057
Keys 46
Price per SqFt $1,164
Broker Co-Op No
Year Built 1946-1965
Year Renovated 2011, 2013
Buildings 11
Stories 2
Acreage 1.430
Zoning R-5
Parking Spaces 46 spaces
Parking Per SqFt 2.18
Investment Type Owner/User
Ownership Fee Simple
Sale Condition For sale by owner

Hospitality | 46 Keys | $532,609/key

Marketing description

Paradise Bay Resort represents a rare opportunity to acquire an intimate waterfront resort in one of the most visually striking natural settings in Hawaii. The 46-key boutique property sits on approximately 1.4 acres of fee simple land along a sheltered waterfront inlet that opens directly into Kaneohe Bay, framed by the dramatic ridgeline of the Koolau Mountains and the iconic offshore islet of Mokolii, often referred to as Chinaman’s Hat.

Investment highlights

· Rare fee simple interest

· Blank canvas (unencumbered of brand/management)

· Protected market position and regulatory barriers to new competition

· Boutique positioning and/or branding advantage

· Proven market resilience

· Legal non-conforming hotel use in a low-density residential area

Listing Contacts

FA
HI HI 177762, MI MI 6501418952
Powell & Aucello Hotel Real Estate Advisors
Listed by Powell & Aucello Hotel Real Estate Advisors

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Additional Information

Name
F. Kevin Aucello
License
HI 177762
Brokerage Phone
808-466-3401
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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