Property Info
Address
401 Papaloa Road
Kapaa, Kauai 96746Property Type
Hawaiian Homelands: Multi-family Rent with Option to Purchase
Number of Units
82
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: $1,717
120% AMI Rent: $2,7142-Bedrooms
80% AMI Rent: $2,050
120% AMI Rent: $3,2473-Bedrooms
30% AMI Rent: $625
80% AMI Rent: $2,354
120% AMI Rent: $3,736
Additional Property Information
Income Limit
30%, 80% and 120% of the area median income (AMI) as determined by County of Kauai.30% Median Income Limit
- 1 Person: $27,930
- 2 Person: $31,920
- 3 Person: $35,910
- 4 Person: $39,870
- 5 Person: $43,080
- 6 Person: $46,260
- 7 Person: $49,440
- 8 Person: $52,650
80% Median Income Limit
- 1 Person: $74,480
- 2 Person: $85,120
- 3 Person: $95,760
- 4 Person: $106,320
- 5 Person: $114,880
- 6 Person: $123,360
- 7 Person: $131,840
- 8 Person: $140,400
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
Photo Gallery
