Building Details

Year Built 1949

Listing Agency: Bratton Realty Advisors Ltd

Listed By: Mark D Bratton · License #RB-14000 Show Phone

Source: Davidcordeiro

Added: Mar 5 Changed: Oct 17 Last Checked: Oct 19 at 7:53AM

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Investment Insights

Based on property information with market context.

This is a rare fee simple opportunity to acquire a 32.41-acre guest ranch located in North Kohala. The meticulously maintained, historic property offers immediate cash flow with the potential to significantly grow the property and revenues into one of the quainter event facilities in the state of Hawaii. Surrounded by nature, the property features 4 guest cottages that can accommodate 16 guests. Entitlements have been obtained to increase sleeping capacity by an additional 21 guests, along with the construction of more substantial event facilities. There is an opportunity to increase the current net operating income through immediate marketing and operational enhancements, by improving average daily rates and frequency of events. With tremendous value-add potential, there's opportunity to increase cash flow and revenues, making it an ideal acquisition for owner-users, investors, or developers. This is a rare entry point into North Kohala’s high-barrier ecotourism commercial real estate market.

Key Highlights

• Rare fee simple 32.41‑acre guest ranch opportunity in North Kohala, Hawaii.
• Entitlements in place to increase sleeping capacity by 21 guests and add event facilities.
• Immediate cash flow potential with opportunities to increase NOI through marketing and operational improvements.

Property Analytics

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Current Use

Ranches

Location Intelligence

Demographics for 96719, HI

2,020

Population

646

Households

3.1

Avg Household Size

46

Median Age

29%

College-Educated

98%

High-School Grad

5.8 sq mi

ZIP Area

348

Density / Sq Mi

$82,109

Median Household Income

$43,981

Median Earnings

$1,898

Median Rent

$632,900

Median Home Value

Frequently Asked Questions

What type of property is this?

Ranch - 32.41 acre guest ranch with expansion potential in Hawaii.

Where is this ranch located?

The property is located at 56-2864 Akoni Pule Hwy Hawi, HI.

What is the asking price?

The asking price for this property is $6,500,000.

What are key features of this property?

This property features: Rare fee simple 32.41‑acre guest ranch opportunity in North Kohala, Hawaii.; Entitlements in place to increase sleeping capacity by 21 guests and add event facilities.; Immediate cash flow potential with opportunities to increase NOI through marketing and operational improvements.