Author
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Topic: Westin Kaanapali
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cdallas TUG MemberPosts: 13 From: Orange County, CA (own Westin Kaanapali) Registered: Oct 2004
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posted 05-21-2005 16:13
I've heard that all of the villas for the first project will be sold out by the end of next week -- anyone else hear this?IP: Logged |
dbmMayer TUG MemberPosts: 2259 From: Northern CA Owner: Westin Ka'anapali & Sheraton Desert Oasis Registered: Jul 2003
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posted 05-21-2005 17:25
Yes - An earlier poster said they would be sold out by the end of the month. Shelley maybe?------------------ Denise IP: Logged |
sfbenning TUG MemberPosts: 144 From: San Francisco, CA USA. Own : Westin Ka'anapali, Sea Ranch CA Registered: May 2003
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posted 05-21-2005 18:24
It was probably me. It was what my friends were told when they purchased mid-last month. So it sounds about right, timing wise. Shall we all do the math and figure out what the whole place sold for??? Pick an average price for a 2bdrm lockoff and take it from there?------------------ Shelley IP: Logged |
beelz0308 TUG MemberPosts: 11 From: USA Registered: Apr 2005
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posted 05-22-2005 01:31
According to my sales person. They are all sold out of the 2BR OV. The are a few remaining units in the 2BR OF and deluxe categories. Maui is expecting to be sold out by the end of next week. After sell-out, they will move onto selling the next resort (the one right next door). Apparently, it will be smaller units for the same money. IP: Logged |
cdallas TUG MemberPosts: 13 From: Orange County, CA (own Westin Kaanapali) Registered: Oct 2004
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posted 05-22-2005 08:07
quote: Originally posted by beelz0308: According to my sales person. They are all sold out of the 2BR OV. The are a few remaining units in the 2BR OF and deluxe categories. Maui is expecting to be sold out by the end of next week. After sell-out, they will move onto selling the next resort (the one right next door). Apparently, it will be smaller units for the same money.
I was told by my salesperson pretty much the same thing, except that the units next door will be smaller with a bit of a price increase. IP: Logged |
deniselew1 TUG MemberPosts: 681 From: San Jose, CA USA Own at Westin Ka'anapali Registered: Aug 2003
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posted 05-22-2005 08:20
I hadn't heard that they would be smaller units.It will be interesting to see what, if anything, happens to the resale market when the resort is sold out. IP: Logged |
dbmMayer TUG MemberPosts: 2259 From: Northern CA Owner: Westin Ka'anapali & Sheraton Desert Oasis Registered: Jul 2003
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posted 05-22-2005 12:41
I don't think the units are smaller. Here are the floor plans: http://dbmmayer.diaryland.com/WKORV_II.html ------------------ Denise IP: Logged |
ann824 TUG MemberPosts: 26 From: Abilene, Tx. USA Registered: Aug 2002
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posted 05-22-2005 13:24
What is the difference in prices now compared to pre-construction prices. It's hard to know whether to buy pre-construction or wait for resales. Just wondered since it looks like they will start selling Kauai soon.IP: Logged |
dbmMayer TUG MemberPosts: 2259 From: Northern CA Owner: Westin Ka'anapali & Sheraton Desert Oasis Registered: Jul 2003
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posted 05-22-2005 13:37
quote: Originally posted by ann824: What is the difference in prices now compared to pre-construction prices. It's hard to know whether to buy pre-construction or wait for resales. Just wondered since it looks like they will start selling Kauai soon.
The best price is going to be a resale at the current WKORV - I am sure prices at the new resort are going to be much higher. Although they have been few and far between, the resales are out there and I am going to estimate that you would save 10K, buying resale, rather than preconstruction prices at the new resort. It will be interesting to find out. ------------------ Denise IP: Logged |
nikki33866 TUG MemberPosts: 106 From: Los Angeles Registered: Dec 2004
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posted 05-22-2005 14:32
quote: Originally posted by sfbenning: It was probably me. It was what my friends were told when they purchased mid-last month. So it sounds about right, timing wise. Shall we all do the math and figure out what the whole place sold for??? Pick an average price for a 2bdrm lockoff and take it from there?
Shelley, I'm guessing somewhere in the neighborhood of $500 million, give or take.------------------ Nicole IP: Logged |
sfbenning TUG MemberPosts: 144 From: San Francisco, CA USA. Own : Westin Ka'anapali, Sea Ranch CA Registered: May 2003
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posted 05-22-2005 19:20
That was close to what my rough guess is too...... I was going to go to work on Monday and run the numbers. ------------------ Shelley IP: Logged |