Property Info

  • Address

    401 Papaloa Road
    Kapaa, Kauai 96746

  • Property Type

    Hawaiian Homelands: Multi-family Rent with Option to Purchase

  • Number of Units

    82

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Links

Contact Us

(808) 735-9099 Ext. 1

About the Property

Courtyards at Waipouli is a newly acquired and soon to be renovated 82-unit multi-family community located on Hawaiian Home Lands in Kapaa, Kauaʻi. The project will serve qualified DHHL beneficiaries earning 30, 80 and 120% of the Area Median Income (AMI), and offer 1-, 2-, and 3-bedroom units. Units are offered under a rent-with-option-to-purchase model, giving residents the opportunity to buy their homes at the end of a 10-year period.

The project is intended for DHHL waitlist families who may not yet qualify for mortgage financing, providing a pathway to homeownership through affordable rental housing, financial counseling, and supportive services. Mark Development, Inc. is leading both the development and long-term management of the property.

Rent Amounts

  • 1-Bedrooms

    80% AMI Rent: $1,990
    120% AMI Rent: $2,488

  • 2-Bedrooms

    80% AMI Rent: $2,388
    120% AMI Rent: $2,985

  • 3-Bedrooms

    30% AMI Rent: $1,035
    80% AMI Rent: $2,760
    120% AMI Rent: $3,450

Additional Property Information

  • Income Limit
    120% of the area median income (AMI) as determined by County of Kauai.

    120% Median Income Limit

    • 1 Person: $111,720
    • 2 Person: $127,680
    • 3 Person: $143,640
    • 4 Person: $159,480
    • 5 Person: $172,320
    • 6 Person: $185,040
    • 7 Person: $197,760
    • 8 Person: $210,600
  • Utilities

    Tenant is responsible for all utilities.

  • Occupancy Limit

    1 – Bedroom: 1 to 4 people

    2 – Bedroom: 2 to 6 people

    3 – Bedroom: 3 to 8 people

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