This is a rare opportunity to purchase an approved condominium development in the heart of the Waikoloa Resort. The Ainamalu Condominium opportunity consists of 60 one and two bedroom vacation rental condominiums. The plans include the fully equipped amenities center.
• 60 Units planned
• Approved, Fully Entitled and Shovel Ready
• Some pads complete
• 4.97 acres
WAIKOLOA BEACH RESORT:
The resort is lively, an active area with 2 major hotels, timeshares, homes and condos, 2 shoppingcenters, numerous restaurants, entertainment venues, golf courses, beaches and world classsurfing.HIGH BARRIERS TO ENTRYOnly a small portion of Hawai’i Island is zoned for development. Constraints to developmentinclude limited infrastructure, a protracted entitlement process and anti-development localsentiment for future projects.
PROVEN CONCEPT AND HIGH DEMA
The strategic price-point positioning, coupled with some of the lowest HOA dues in the area hasled to a demand for the homes that has outpaced the developer’s ability to complete them. Thequick sell out of Phase 1 demonstrates the success of ‘Ainamalu
VACATION RENTAL ABILITY
‘Ainamalu’s resort zoning allows vacation rentals for all Phases.