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Property profile & analytics
OFF-MARKET
Hotels
650 Aleka Loop Kapaa, HI 96746-1402
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US24-0034844
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1977
Construction
CONCRETE
Total area
169,787 SF
Lot
10.38 ac (452,022 SF)
Zoning code
RR20
APN
4-4-3-007-028
UPID
US24-0034844
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Pua Day Spa Spa & Massage Center
-
The Crooked Surf Restaurant
-
Moamoa Restaurant
-
Luau Ka Hikina Restaurant Theater & Performing Art Venue
-
Sheraton Kauai Coconut Beach Resort Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Khs LLC · 8 yrs held
Khs LLC
since 2017
7 recorded transactions
Zoning & alternative use
RR20 · Kapaa, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Kapaa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kapaa submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$642,430
Tax year 2023
Assessed value
$66,569,700
Assessed 2024
Previous assessed
$59,210,100
+12.4% YoY
Effective rate
0.97%
On assessed value
Total market value
$66,569,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1977
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
4
Units
1
Bathrooms
12
Total area
169,787 SF
Lot
10.38 ac (452,022 SF)
Zoning code
RR20
APN
4-4-3-007-028
UPID
US24-0034844
Jurisdiction
KAUAI
Zoning & alternative use
RR20 · Kapaa, HI
Zoning RR20 · permitted uses
RR20 · Kapaa, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kapaa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
4
Buildings
2
Units
1
Bathrooms
12
Lot
10.38 ac
Current owner
From public records · entity-resolved
Khs LLC
Entity
Mailing address
100 SAINT PAUL ST STE #800, DENVER, CO 80206-5144
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2025
—
Khs LLC
—
Deed
related
$650,000,000 · Wells Fargo Bank NA
Nov 12, 2021
—
Khs LLC
—
Deed
related
$75,000,000 · Wells Fargo Bank NA
Dec 7, 2017
—
Khs LLC
—
Loan Modification
related
$8,000,000 · Th Com'l Ms II LLC
Aug 17, 2017
—
Khs LLC
Kauai Coconut Beach LLC
Deed
—
May 10, 2017
—
Kauai Coconut Beach LLC
—
Deed
related
$44,000,000 · Th Commercial Mortgage LLC
Oct 20, 2010
$38,000,000
Kauai Coconut Beach LLC
Waipouli Owner LLC
Deed
—
Oct 20, 2010
—
Stanley Cap I 2006-xlf Morgan
Kauai Coconut Beach LLC
Grant Deed
related
—
Oct 20, 2006
$8,437,500
Waipouli Owner LLC
Niu Pia Land Co Ltd
Limited Warranty Deed
—
Jun 20, 2006
—
Waipouli Owner LLC
Presidio Kauai LLC
Assignment Of Lease (leasehold Sale)
$52,000,000 · Morgan Stanley Mortgage Capital INC
Aug 25, 2004
—
Presidio Kauai LLC
—
Deed Of Trust
related
$19,500,000 · Cfsc Capital Corp Xxx
Sep 8, 2003
$8,350,000
Presidio Kauai LLC
Pleasant Travel Service
—
$23,000,000 · Vestine Mortgage Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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