Maui Resort Studio
For Sale
Contact for pricing
Pending
218-u-2481 Kaanapali Pkwy, Lahaina, HI 96761
The September 25–October 9 interval features remodeled baths and upgraded kitchen finishes.
Property Size542 SF
Days on Market11
Property Features for 218-u-2481 Kaanapali Pkwy
General Information
Standard status
Pending
Size
542 SF
Property subtype
Residential Income
Amenities
workout facility
pool
hot tub
sauna
tennis and pickleball courts
business work center
oceanside grills
fire pit
Listing Agency:
Keller Williams Realty Maui-L
Listed By:
Derek Escalera RB-18593
(808) 264-4617
Source:
Exprealty
Added: Oct 24
Changed: Oct 31
Last Checked: Nov 3 at 7:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Maui-L
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This studio time-interval at The Whaler on Kaanapali Beach has a September 25 to October 9 use period. Interior improvements include tile flooring, hardwood cabinetry, granite countertops, stainless steel appliances, and remodeled bathrooms.
On-site facilities include a fitness area, pool, hot tub, sauna, tennis and pickleball courts, a business work center, oceanside grills, and a fire pit. Whaler Village is accessible for shopping and dining, with two golf courses described as minutes away.
On-site facilities include a fitness area, pool, hot tub, sauna, tennis and pickleball courts, a business work center, oceanside grills, and a fire pit. Whaler Village is accessible for shopping and dining, with two golf courses described as minutes away.
Key Highlights
- September 25 to October 9 time‑interval at The Whaler
- Upgraded interior includes tile floors, hardwood cabinetry, granite countertops, and stainless steel appliances
- Remodeled bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,244
Suggested Prices Based on Cap Rates
Cap Rate 5%
$64,880
$64.9K
Cap Rate 7%
$46,343
$46.3K
Cap Rate 9%
$36,044
$36.0K
Market Conditions
NOI Build-Up for 542 SF
Gross rent
$11.4K $21.00/SF
− Vacancy
−$4.6K −$8.40/SF
EGI
$6.8K $12.60/SF
− OpEx
−$3.6K −$6.62/SF
NOI
$3.2K $5.98/SF
Area
Maui County, HI
Vacancy
40.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$64,880
Cap Rate 7%
$46,343
Cap Rate 9%
$36,044
Alternative Uses
Best Use
Hotel Hospitality
$46.3K
$40.6K – $54.1K
NOI $3,244 @ 7.0% cap · market cap 10.85%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$219.3K
$191.9K – $255.8K
NOI $15,348 @ 7.0% cap · market cap 51.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Demographics for 96761, HI
23,167
Population
11,851
Households
2
Avg Household Size
42
Median Age
28%
College-Educated
93%
High-School Grad
95.3 sq mi
ZIP Area
243
Density / Sq Mi
$94,229
Median Household Income
$45,107
Median Earnings
$2,099
Median Rent
$905,800
Median Home Value
Frequently Asked Questions
What type of property is this?
Resort - The September 25–October 9 interval features remodeled baths and upgraded kitchen finishes.
Where is this resort located?
The property is located at 218-u-2481 Kaanapali Pkwy Lahaina, HI.
What are key features of this property?
This property features: September 25 to October 9 time‑interval at The Whaler; Upgraded interior includes tile floors, hardwood cabinetry, granite countertops, and stainless steel appliances; Remodeled bathrooms
