CIMLS

The Commercial Investment Multiple Listings Service

Register

Land Real Estate for Sale in Naalehu, Hawaii

5,880 Acres, Fee Simple, 76 Lots of Record
Bulk-Sale www.KauCoffeeAndRanchLands.com

Name
Joel Lapinta
Email
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Phone
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CIMLS #
680184
Price
Undisclosed
Lot Size
5880 acres
Type
Land
Address
95-5586 Mamalahoa Highway
Naalehu, HI 96772
County
Hawaii
Documents
Property Flyer
Document 1
Last Updated
12/13/2013

Property Description
Kennedy Wilson, through its affiliate KW HAWAII INC. (“KW”), is the exclusive listing broker for the sale of a collection of properties comprising over 5,880 acres of lands in the District of Ka‘u, on the Island of Hawai‘i. The owner, HI BIV LLC, a special purpose entity owned by Lehman Brothers Holdings Inc., has ordered the real estate to be sold in a single package which includes 76 lots of record. The bulk of the properties form three distinct large continuous sections of land: Mo‘aula Coffee Farm Lands, Na‘ālehu & Waikapuna, and Honu‘apo.

The properties include agricultural lands used for growing coffee and papaya, pasturage, miles of ocean frontage, residential, commercial and industrial zoned land. Three cellular tower site leases, pasturage leases, and farming licenses provide current income. Measured in total acreage this offering is the seventh largest private land holding in the District of Ka‘u.

Attached are the Notice of Offering and Confidentiality Agreement. We would look forward to providing you additional information on this investment opportunity and we will register your interest upon return by fax or email a signed copy of the Confidentiality Agreement. Income: $190,000   



Financial Summary
Income from four communications tower site leases, pasture leases, and Coffee farm licenses. Tenants pay prorated share of property taxes. There are two houses on side by side lots in Na'alehu Town. One is zoned commercial. These are currently not rented.

Property Location

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