CASE STUDY

Piilani Gardens Apartments Kihei, Maui, Hawaii

Kihei, Maui, Hawaii

Property Type

Multi Family

Size

200 unit garden apartment complex

Year Built

2003

Date Acquired

2001

Date Remodeled

2003

Deal Notes

  • Distinctive ground-up, 200-unit garden apartment complex on 13.44 acres at the junction of Piilani Highway and Piikea Street
  • Eighteen individual two-story (eight- and 12-units) buildings comprising 166,467 GSF and approximately 154,248 RSF
  • Units feature two bedrooms, two baths, air conditioned living room, private patio/lanai, refrigerator, oven/range, dishwasher, disposal and solar water heater; three 800 SF floor plans
  • On-site amenities include a child care center (5,000 SF), 102-unit self-storage building, five on-site laundry facilities and satellite television service
  • Direct access to Kihei Community Center/Swimming Pool Complex; across the street from Piilani Village Shopping Center; close to schools, golf course and technology park
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