A rare opportunity to own an AFFORDABLE Maui condo and enjoy up to 10 weeks per year of personal use and/or rental income. This listing is for a 20% ownership of a studio condo with a partial ocean view. The annual operating cost is $2,700 and covers all expenses ($38 per day of use or rental). Enjoy a shared interest in this established, well-managed, long term partnership. This remodeled unit is right across the street from the ocean and a State park with a white sandy beach. The fortunate owner will receive 10 weeks (5 consecutive weeks twice per year) on a rotating schedule (see attached Use Schedule). You can also rent it out for income when you can't occupy it, and the current occupancy rate is over 90% on VRBO at rates from $75-$110 per night. This is completely HASSLE-FREE ownership as everything is managed by one of the other owner/partners. A high quality remodel from top to bottom features new kitchen & bathroom cabinets, new appliances, new flooring, paint and furniture throughout! Kihei Bay Surf offers a large pool with a hot tub, a tennis court & a BBQ area. This ownership share is owner share #1, but shares 3 and 4 are also available. See also MLS #376141 which is ownership share #3, and MLS #376142 which is ownership share #4. Current owner is only selling their ownership shares because they purchased a larger Maui vacation condo. Clean, remodeled, affordable, well-managed...what more could you want from your Maui vacation home?
County Water, Underground Electricity, Telephone, TV Cable
|Pending - Cont. To Show (from Active)||–||–|
|Total Kihei Properties For Sale:||1,037|
|Average Asking Price:||$755,098|
|Highest Listing Price:||$24,000,000|
|Lowest Listing Price:||$190,000|
Listings provided courtesy of the REALTORS® Association of Maui.
This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. Copyright, 1995-2015, REALTORS® Association of Maui, Inc. All Rights Reserved.