Updates 11/25/2017: Just 2 x 2BR units left from developer - all other units listed for sale are resale. A 13,000sqf grocery store is expected to open at Keauhou Lane (expected completion late 2017). Keauhou Lane is a 200+ affordable rental units and 30,000sqft+ commercial space next to the residential tower, Keauhou Place.
Good to Know about Keauhou Place 400ft high-rise tower with 388 units and a low-rise (42ft) townhome complex with 35 units (it will be allowed to use some townhomes as home & office combined) Keauhou Place is the residential part (tower and townhomes) and Keauhou Lane is the commercial & rental section, adjacent to Keauhou Place. Ceiling Height in Tower: Standard floors = 8'6", 38F = 9'6" and 39F - 43F = 9'2". Ceiling Height in Townhomes: 9'. Maintenance Fees: ~$0.71 / interior sf. Lanais (balconies): Most units have a decent size lanai - penthouse units do not have lanais. Keauhou Place is part of Kamehameha School’s Our Kakaako. Standard rooms will have carpet in the living & bedrooms, porcelain in bathrooms and a vinyl flooring in kitchens. Most 1BR's will have 1 parking stall, most 2BR's will have 2 parking stalls and all 3BR's will have 2 parking stalls. Developer: Stanford Carr.
We exclude Leasehold data from this market analysis because Leasehold properties do not compare with regular Fee Simple properties.
We use median instead of the average because it depicts more accurately a central tendency to the sample size. Example: Take 5 numbers - 3, 5, 7, 9, 21. The median is 7 (the middle number) and the average is 9 (sum of all divided by 5).