Big Island FM sold


SoldThe owner of a small Hawaii radio group is adding a new signal. The station is KWYI-FM Kawaihae HI, which will be part of a cluster which will include two other FMs on the state’s Big Island. Broker: Ray H. Rosenblum.

The seller is Louise Y. Naito, Personal Representative.

The buyer is Resonate Hawaii LLC. Principals include Dan Deeb (49%), Carla Maria Morris (30%), Sally Dobson (20/%) and others. Dobson it trustee for the El Gordo Trust, which holds 20%.

The price is $135,000, including a $10K deposit and $15K cash at closing. There will follow 18 monthly payments of $3K each, followed by a final balloon payment of $56K.

KWYI-FM is a Class on 106.9 MHz with 5.5 kW @ 341’.

Its contour is mostly contained within that of stronger station KHWI-FM Holualoa.

It will also have mostly tangential overlap with KTBH-FM Kurtistown.