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1355 N Ninau St - Luana Living Memory Care

25,300 SF Health Care Building Offered at $25,000,000 in Kihei, HI 96753

Investment Highlights

  • 40 Room Healthcare facility
  • Offered at below replacement cost and appraised value
  • New Construction, ready to operate

Executive Summary

The 40 Room Maui Healthcare Facility property presents a compelling investment opportunity with significant potential for financial upside, given its competitive
purchase price relative to its appraised value and replacement cost. Its strategic location in Kihei, a rapidly growing community, enhances long-term value while
addressing a critical market need for memory and healthcare services. The facility's design, readiness for operation, and alignment with demographic
trends avoids lofty carrying and development costs. This provides a foundation for foundation for rapid profitability and community impact.

Attachments

1347 Ninau St OM

Property Facts

Price $25,000,000
Price Per Bed $625,000
Sale Type Investment or Owner User
Property Type Health Care
Property Subtype Skilled Nursing Facility
Building Class B
Lot Size 2.30 AC
Building Size 25,300 SF
No. Beds 40
No. Stories 2
Year Built 2018

Amenities

  • On-Site Security Staff

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 2-2-2-024-040-0000
  • 2-2-2-024-004-0000
Land Assessment
$5,047,200
Improvements Assessment
$6,370,300
Total Assessment
$11,417,500

zoning

Zoning Code R&T KIHEI (Research & Technology Park)
R&T KIHEI (Research & Technology Park)
  • Listing ID: 34388654

  • Date on Market: 1/6/2025

  • Last Updated:

  • Address: 1355 N Ninau St, Kihei, HI 96753

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