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REAL ESTATE HELD FOR SALE
9 Months Ended
Jun. 30, 2011
REAL ESTATE HELD FOR SALE  
REAL ESTATE HELD FOR SALE

4.                                    REAL ESTATE HELD FOR SALE

 

Kaupulehu 2007, LLLP (“Kaupulehu 2007”) is a Hawaii limited liability limited partnership 80%-owned by Barnwell.  At June 30, 2011, Kaupulehu 2007 owns two luxury residences that are available for sale for $7,950,000 and $7,650,000 in the Lot 4A Increment I area located approximately six miles north of the Kona International Airport in the North Kona District of the island of Hawaii, north of Hualalai Resort at Historic Ka’upulehu, between the Queen Kaahumanu Highway and the Pacific Ocean.