Equus Hotel

PROPERTY HIGHLIGHTS

27,476.00 Square Feet

All 68 units in the building are wholly owned

No additional condominiums included in the transaction

Raised to 3.5 stars on Expedia based on restaurant

Walking distance to beach

Recent enhancements include:

Renovated deck area

New cocktail bar

New coffee bar

Reconfigured lobby and check in area

Price: $23,000,000.00

USD Lot Size: 6,864.00 Square Feet

Building Size: 27,476.00 Square Feet

Area Available: 27,476.00 Square Feet

2016 Actual NOI $1,239,000

2017 Actual NOI $871,800

2018 Budgeted NOI$1,355,000

Tenure Fee Simple

Floors

10# of Rooms68TMK Number(1) 2-6-11: 20Zoning

APART within the Waikiki Special District

Features:

Rare fee simple boutique hotel opportunity

Unencumbered of management operations

Well-located boutique hotel at the entrance to Waikiki

High barriers to entry due to lack of available land and high construction costs

Strong hotel market fundamentals

Profitable lodging facility with tremendous potential for additional growth in new income

Resort fee newly implemented to dramatically increase revenue

Related Documents:

• Fact Sheet