Discover Napili Ridge J-2 & G-14
NAPILI – Napili Ridge is a low-rise condominium property built in 1971 on 3.65 acres in Napili. The beauty of this property is that because of the County of Maui zoning, it can be used in a variety of ways: owner-occupant, long-term rental or as a vacation rental.
The 132 units are a variety of studios and one-bedroom units in a total of 11 buildings. There is an onsite resident manager. The units are currently a mixture of Fee Simple and Leasehold. The units that are Leasehold have an expiration of the lease date in 2049. The grounds at Napili Ridge are well-kept. There is a pool area with lawn chairs and BBQs. There is a laundry room and office building onsite. Pets are not currently allowed.
Currently, Lowson & Associates has 2 one-bedroom units for sale at Napili Ridge. J-2 is a ground floor unit listed at $270,000 Fee Simple. G-14 is a second floor unit listed at $285,000 Fee Simple. Both units are currently tenant-occupied and require 48 hours’ notice to show. For showings, please call or text either U’ilani Todd, R(S), at (808) 205-7649 or Gentrie Borneman, R(S), at (808) 280-6273. Either Realtor will set up the showings and provide you with a comparative market analysis to help you with your decision.
As the month of October comes to a close, there are some important things to remember. 1) There are several holidays coming up. Plan on your escrows taking into account these holidays. 2) December 31 at noon is the last possible time to adjust the use status or your property with the County of Maui. Remember not to wait until the last minute. Get your owner-occupant or long-term rental apartment classification in early with the County Real Property Tax Office. 3) Looking forward to 2018, the real property tax assessed values will come out in early to mid-March. Watch for these, as the time to appeal your assessed value is short. If you wait past April 10, 2018, you will be too late. Please feel free to request a CMA from any of the Lowson & Associates Realtors to help you understand the current value of your real estate investment.
Please be sure and check out our website, www.Lowson.com, for properties for sale all over Maui. For long-term rentals or commercial property rentals, please call Berna Koester, R(S), at (808) 661-8771, extension 201.