View Description: City, Mountain
Listing Agent Remarks: unit condition - Excellent.
"charming high floor unit. great investment property or 2nd home. remodeled kitchen. washer/dryer in the unit. covered parking. pool, fitness room, sauna, hot-tub, bbq. 24-7 security guards. great location, across from waikiki beach, 1 block from ala moana shopping center. the unit is 96.893% fee simple and 3.107% leasehold. the aoao has the right to purchase the remaining leased fee interest before the lease ends on december 31, 2039. the lease rent for the last 10 years of the lease is known, and the method to establish the price of the remaining leased fee interest has been agreed upon. the 100% fee simple is expected to happen in 1 to 2 years. maintenance fee include $22.82 monthly leaserent for the 3.107% leasehold. price to sell at $379,000. the property is assessed by the city for $561,700."
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fogarty realty, inc.
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