The Kauai Inn 2430 Hulemalu Rd 48 Room Hotel Lihue, HI 96766 $28,000,000 ($583,333/Room)
INVESTMENT HIGHLIGHTS
- Unmatched convenience with easy access to the Lihu‘e Airport, County hub beaches, and outdoor adventures
- Versatile potential: vacation rental income, a private retreat, or campus-style housing, offering flexibility for hospitality and residential uses
- Proximity to shopping, dining, and Kaua‘i’s most sought-after activities
- Extremely rare offering: an established condominium with resort use, a truly unique opportunity in Kaua‘i’s real estate market
EXECUTIVE SUMMARY
Welcome to Kaua‘i Inn, a boutique oceanside condominium in Niumalu on a lush and carefully manicured 2.75 acres of land. Accompanied by compelling views of the Pacific Ocean and mountain backdrop, this charming complex is located between the iconic Hulaeia Mountains, Niumalu Beach Park, and Nawiliwili Bay, a popular surf and fishing spot.
With the Urban-Open zoning, this unique offering blends historic charm with modern hospitality. Initially established in 1890 as the first hotel ever in Kaua’i, the Inn features 48 one-bedroom residences across four buildings, each with two floors and each room with air conditioning. To add to the immense value of this asset, each room has its own County TMK and can be sold individually.
With its historic charm, prime location, and exceptional potential, Kaua‘i Inn offers a rare opportunity to contribute to and continue the legacy of one of Hawai‘i’s most captivating hospitality assets.
With the Urban-Open zoning, this unique offering blends historic charm with modern hospitality. Initially established in 1890 as the first hotel ever in Kaua’i, the Inn features 48 one-bedroom residences across four buildings, each with two floors and each room with air conditioning. To add to the immense value of this asset, each room has its own County TMK and can be sold individually.
With its historic charm, prime location, and exceptional potential, Kaua‘i Inn offers a rare opportunity to contribute to and continue the legacy of one of Hawai‘i’s most captivating hospitality assets.
PROPERTY FACTS
| Price | $28,000,000 |
| Price Per Room | $583,333 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.75 AC |
| Building Size | 31,000 SF |
| No. Rooms | 48 |
| No. Stories | 2 |
| Year Built/Renovated | 1890/2024 |
| Parking Ratio | 0.81/1,000 SF |
| Corridor | Exterior |
AMENITIES
- Business Center
- Pool
- On-Site Retail
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 48 | $432.00 | 302 |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $361,400 | |
| Land Assessment | $154,800 | Total Assessment | $516,200 |
ZONING
| Zoning Code | OP (With the Urban-Open zoning, this unique offering blends historic charm with modern hospitality.) |
