Sold MLS: 362173   Condo: Hotel Molokai #111A (Floor: 1)   Asking Price: $77,000 Fee Simple Sold Price: $74,000 Sold Date: 04/08/2015 District: Molokai City: Kaunakakai Street: 1300 Kam V Hwy Maintenance Fee: $342.28 Beds: 0   Baths: 1 Living Area: 298 SF Land Area: 2.45 Acres Vacation Rentable: Yes Features: Other View, OceanFront, Pool Days on Market Until Sold: 195

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Property known as Hotel Molokai. Fully furnished Condo Units on Molokai's South Shore. The properties’ coastal area has views of Lanai, Maui and Kahoolawe plus spectacular sunsets. The amenities include Pool and ATM machine, and each owner is entitled to the use of one parking stall per unit on a first come first served basis. The property is currently used both as a retail hotel and as weekly lodging fon TAN's guests. There is a total of 57 residential and 2 commercial condos on the premises. The seller intends to sell 12 residential units at this time. A unique opportunity to own an affordable property on Molokai with Hotel amenities. Seller retains the right to evaluate the suitability of any prospective Buyer in light of Seller's continued operation of the property as a hotel, and conduct other background checks regarding any prospective buyer, and approve or disapprove any prospective Buyer based on such evaluations and investigations Maintenance fees will increase 2016 to $374, 2017 to $390, 2018 to $407, 2019 $426

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Please be aware that this property is not on the island of Maui.
Molokai is a separate island, but is part of Maui County.

 
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