Lofts South at Waikoloa

Executive Summary

Waikoloa Village Lofts South, LLC owns a 1.75-acre, fee simple parcel for the development of forty-two (42) two-bedroom / one-bath ocean view residential apartment units at +692 square feet each in the upscale community of Waikoloa Village, HI.

Lofts South at Waikoloa (the “Property”) will consist of seven (7) three-story walk-up buildings with a design that is exclusive to the owner. Scheduled for completion in April 2024, the Property is part of a $650+ million mixed-use development with the adjacent Foodland-anchored Waikoloa Plaza retail shopping center and the future Holiday Inn Express® hotel. The Property is also zoned for short-term vacation rentals which can provide a real estate investor the opportunity to significantly increase annual net rental income.