Maui Real Estate Blog
Bulk Sale Real Estate Opportunities on Maui
Blog Entry Originally Published in 2009
I have noticed a couple of bulk sales on the Maui MLS as of late. A bulk sale is where a single owner is selling a number of condominiums together in the same complex. These may be of interest to buyers who are looking for long term or vacation rental properties. They could be particularly interesting for those looking to execute a 1031 Exchange.
For those that are interested in long term rentals, you may want to consider the three units being sold together at Kalama Townhouses. The three condos are all two bedroom/one and a half baths with over 800 square feet of living space and 130 square feet of lanai. This is a good location within a short walk of Cove Park and Charley Young Beach Park. Seller financing is available to qualified buyers with a significant down payment. This property is listed through Hawaii Realty Associates for $745,000. The Jalbert brothers may represent you as buyer’s agents. Note this Property was withdrawn from the market in 2009
There are seven studio units being sold together at Royal Kahana Resort. Six of the units are leasehold and one unit is fee simple. This is a vacation rental property and all seven units are actively vacation rented. This property is listed by Roos Realty for $1,500,000. The Jalbert brothers may represent you as buyer’s representatives. The listing for this property cancelled in 2009.
Contact us today for additional information or to arrange a showing of either of these properties. We would also be happy to keep our eyes open for other multi-unit Maui Real Estate opportunities.