This licensed vacation rental brought in a staggering Gross revenue of $152,857 for 2018. To date, there is $139,394 worth of Gross revenue generated by this property on the books for 2019. Forward booking revenue is to be credited to the buyer at closing for excellent, immediate income — adding to the already incredible value of this property for the buyer. This centrally located, turn key investment property, is \'grandfathered\' in with a vacation rental permit — the County of Kauai does not issue new vacation rental permits — this permit adds considerable value to the property. Moana Kai B enjoys very high occupancy and a tremendous net cash flow.

Conveniently located on Kapaa\'s Royal Coconut Coast, this 3 bedroom, 3 bath beach house is part of a small 3 unit complex with no shared walls! Moana Kai B looks out over the ocean and the Kapa\'a bike path! This property is a must see with amazing ocean views right from the comfortable living rooms, bedrooms and large lanai. The home boasts covered parking and a large, outdoor storage area — perfect for bikes and surfboards or whatever your heart contents! The large covered lanai facing the pool and the ocean is a favorite for guests as it includes a very spacious, private hot tub, an outdoor shower, teak dining set and chaise lounges plus a large barbecue. The cool trade winds across the lanai are a nice bonus! The beach just out front is known locally as \"baby beach\" as this area is relatively sheltered by a rocky ledge that the waves break on. This is a great opportunity to acquire a beautiful near ocean front Kapa\'a home, second home and/or income property at a great price.

See link here for virtual tour of the property: https://my.matterport.com/show/?m=CKcoz76wzpG&brand=0

The information contained herein is reliable but not guaranteed buyer to perform due diligence and independently verify all facts and figures