94-0 Eolakoa Drive

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94-0 Eolakoa Drive

Waipahu, HI 96797
Asking Price
$11.92M
Asset Type
Hotel Hospitality
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Fee simple hospitality development site in Waipahu.
  • Asking price for the property is $11,924,000.
  • Located within the Koa Ridge master-planned community.
  • Strategic site for hotel project development.
  • Positioned in the growing West Oahu submarket.

What's Special

Priced at $11,924,000, this fee simple hospitality development site is positioned at 94-0 Eolakoa Drive in Waipahu, Hawaii. As a designated Koa Ridge Hotel development parcel, the site provides a strategic opportunity for investors or hospitality developers to establish a presence within an evolving suburban master-planned community. Waipahu serves as an integral residential and commercial hub within the Honolulu metropolitan area, benefiting from steady regional growth and proximity to major transit corridors. Developing a hotel at this location allows for the capture of both local and visitor demand within the West Oahu submarket. The site is well-suited for a hospitality project ranging from mid-scale limited service to extended-stay accommodations, catering to travelers moving between the airport and the resort areas of the island. With its fee simple status, the property represents a straightforward acquisition for operators looking to scale their footprint in the Hawaiian market.

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NOI
$80,000
Cap Rate
0.67%
DSCR
0.11
Underwater
Cash-on-Cash
-17.55%
Monthly Payment
$58,993.446
Annual Cash Flow
$-627,921.352

Location & Travel Times