www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31579711
31579712

1516 Kuhio Hwy, Kapa?a, HI 96746

DN
CA 00000000
Caribou Industries
Listed by Caribou Industries
$10,800,000
58 days on market
Updated 23 days ago

Hotel Coral Reef

Details
Property Type Hospitality
Sub Type Hotel
Square Footage 35,376
Keys 27
NOI $7
Price per SqFt $305
Year Built 1953
Year Renovated 2019
Stories 3
Investment Type Stabilized
Ground Lease Yes

Hospitality | 27 Keys | $400,000/key

Marketing description

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.

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.

Investment highlights

Investment 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.

  • Favorable price per key, approximately $400,000 per room, competitive for coastal Hawaii hotel assets.

  • Boutique asset appeal with 27-room property offers operational flexibility, personalized guest experience, and strong pricing power.

  • Great opportunity to enhance revenue through rate optimization, brand repositioning, light renovations, and improved marketing strategies.

Listing Contacts

DN
CA 00000000
Caribou Industries
Listed by Caribou Industries

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$7.00
$0.58/mo

Valuation Metrics

0
DSCR
0%
Cap Rate
0%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591