This property can be purchased at an 8% cap rate. This multi use property is located in Kula, Maui one of Maui’s most affluent cities. 3135 Lower Kula Road consists of a 3-Bedroom 2-Bathroom single family home as well an Auto Repair Business. The property is situated on approximately 1-acre of fee simple land and in a convenient location off one of Kula’s main streets. The property is being sold turn-key and as-is with 100% occupancy. 3135 Lower Kula Road can likely be condominiumized for future development and improvement opportunities. The Auto Repair Business is well established with a great reputation in the community. The tenants offer flexible lease options.
Listing courtesy of Berkshire Hathaway Maui Prop-L.
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