REMARKS:

FELL OUT OF ESCROW! Ground Lease rent ($964) per month plus maintenance fee ($901) per month + property taxes = $2009 includes electricity, property taxes, cable tv, hi-speed internet and water/sewer. Excluding any mortgage. Long ground lease runs through 2048. Lease renegotiates 2023 and 2028. In the event you need a loan to purchase you many consider calling FHB AND BOH they are good lending resources. Sorry bldg is not VA approved. Tropical lush grounds. Great location across from Hilton Hawaiian Village! Amazing VALUE on this spacious, secure 2br/1 ba recently renovated Waikiki apartment. New carpet throughout, freshly painted with neutral interior. Super large wide lanai with roll-up hurricane shutters. Peek-a-boo view of the ocean. The property is easy to see! Total lease rent and maintenance fee is approx $2009 per month. Great value for a clean, large, Waikiki property! Parking can be rented through the Kalia when available. Storage is available for each owner. A coop income requirement for ownership states that Buyer must be able to demonstrate income that is 3X the monthly maintenance and lease rent expenses. Example $2009 x 3 = $6027 income requirement.

* The offer of compensation to cooperating brokers is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Thursday, April 18, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of List Sotheby's Int'l Realty