MLS# 409091 – 4310 Lower Honoapiilani Rd Unit 210, Lahaina, HI 96761

Fee simple hotel-zoned investment opportunity in the heart of the West Maui corridor. Unit 210 at Kahana Manor is a premier turnkey short-term vacation rental being sold as a fully stabilized business-in-a-box. Legally zoned for transient vacation rentals, this asset offers a secured 2026 book of business and a proven history of high yield performance in a submarket protected from current legislative rental restrictions. The property is positioned to deliver impressive returns, with verified trailing 12-month financials showing a gross income of $63,742. Investors can expect a 5.41 percent cap rate under standard professional management at a 25% fee. For those looking to optimize, the seller is offering continued turnkey management at 15%, which pushes the yield to 6.69%. Savvy owner-operators utilizing a tech stack for self-management can achieve an 8.61% cap rate based on historical actuals. Unlike standard inventory in the building, this mountain-view unit has been fully modernized and meticulously maintained. It requires zero immediate capital expenditure and includes one dedicated uncovered parking stall. The efficient operating model is supported by an inclusive monthly maintenance fee of $843 that covers water, sewer, trash, and basic cable and internet. This protects the investor against fluctuating utility costs and simplifies monthly accounting. Located within a short distance of world-class beaches and popular dining, this property maintains consistent appeal to year-round travelers and high occupancy. This asset is offered fully furnished and ready for immediate operation with transferable future bookings. Move your capital into a stabilized, income-generating property that significantly outpaces standard residential returns. Contact your realtor today for the complete investor package, including historical rental ledgers and pro forma analysis.