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Listed by Bratton Realty Advisors Ltd
$ 25,000,000
Est. payment | /mo
$ 25,000,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Kawaihau
MLS Listing ID 202600349
HOA Y/N No
Annual Tax Amount $1,118,285
Property Sub-Type Land
Property Description
The Coconut Beach Resort development site is offered for sale in connection with the chapter 7 bankruptcy case of SPD II Makaiwa Resort Development, LLC (“SPD”) currently pending as Case No. 23-07153 in the U. S. Bankruptcy Court for the Northern District of Illinois (“Bankruptcy Court”) by the duly appointed and acting trustee (“Trustee”) of the SPD bankruptcy estate. The Trustee is selling the property pursuant to certain bidding procedures to be approved by the Bankruptcy Court (“Bidding Procedures”). The property will be sold pursuant to order of the Bankruptcy Court under Section 363 of the United States Bankruptcy Code free and clear of all liens, claims and encumbrances to the greatest extent authorized under applicable law.
Location
State HI
County Kauai
Area Kauai
Interior
Fireplace No
Exterior
Exterior Feature None
Utilities Available None, Sewer Not Available
View Y/N Yes
View Mountain(s), Ocean
Building
Lot Description Level
Sewer None
Others
Tax ID 4-4-3-002-015-0000
Special Listing Condition Bankruptcy Property
Need more details? Let's connect!
Gavin Ishikawa
Principal Broker | License ID: RB-24500
+1(808) 347-1859 | montagerealtyhawaii@gmail.com