A rare, once in a lifetime, opportunity to potentially earn great positive cash flow! The low, fixed lease rent until 2078 and low maintenance fee combo is an investors dream! This building is located in a highly sought after part of the island and features many, beautiful, amenities!
HOA Fees Include: Other Common Expenses, Sewer, Water
Zoning: 12 - A-2 Medium Density Apartme
Flood Zone: Zone D
View: City, Mountain, Sunset
Property Condition: Above Average
Owner Occupancy: 16%
Management Company: Touchstone
Security Features: Key, Keyed Elevator, Security Patrol, Video
Amenities: BBQ, Community Laundry, Meeting Room, Pool on Property, Recreation Area, Recreation Room, Resident Manager, Sauna, Security Guard, Tennis Court, Wall/Fence
TMK: 1-1-1-62-24-29
Tax Assessed Land: $17,300
Tax Assessed Improvements: $178,100
Tax Assessed Total: $195,400
Courtesy: Locations LLC
MLS: 201704672
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 25, 2024. Information is deemed reliable but not guaranteed.
Sold 7/24/17 at $140,000 (List Price: $147,500)
Description
A rare, once in a lifetime, opportunity to potentially earn great positive cash flow! The low, fixed lease rent until 2078 and low maintenance fee combo is an investors dream! This building is located in a highly sought after part of the island and features many, beautiful, amenities!
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 25, 2024. Information is deemed reliable but not guaranteed.
You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner. Leasehold Expiry: 03/31/78
Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000. Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
Other fees could be a special assessment, reserve contributions etc.
DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
