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Inn on the Park
1920 Ala Moana Blvd
Waikiki - West
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$85,000
- $109,000
Leasehold
View on Map
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Commentary - Inn on the Park:
It is a great location with many impressive views of Fort DeRussy Park and the ocean beyond. Walk through the park to Waikiki beach. The odd numbered units have ocean views while the even numbered units face the mountains.
Inn on the Park was originally constructed as a hotel and has since been completely converted to condominium units. Most units only have partial kitchens and are zoned as lodging units, so buyers will typically need to put higher down payments to finance, usually around 35%.
There are guards on site 24 hours and floors are patrolled on the hour and the elevators are newly secured. Maintenance fee includes electricity and all units have wall mounted AC. Units do not come with parking stalls, but stalls are available for rent.
Units are owned in leasehold tenure, with the lease ending in 2035.
Amenities: Pool, Common Laundry, Recreation Deck
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| Units: |
247
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| Stories: |
21
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| Elevators: |
3
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| Parking: |
Garage, not conveyed
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| Pets: |
none
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| Year Built: |
1978
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Lender Statistics - Inn on the Park
| Owner Occpt %: |
5% |
| Litigation: |
None |
Land Tenure |
Leasehold expires:7/1/2035, max loan for LH: 15 |
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| Condo Type: |
Condotel/Lodging |
| Management Co: |
Certified Management 836-0911 |
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Typical Loan Options and Down Payment Requirements:
Lodging unit/Condotel: 100% down - Lenders are currently not lending on studios without a full kitchen (hotel rooms)
Condotel unit with Full Kitchen: 30% down with minimum credit score of 680
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Condominium Configurations - Inn on the Park
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Bedrooms:
Studio Apt.
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Baths:
1
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Square Feet:
244 - 361 SF
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Lanai:
small
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Qty:
247
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Comments:
Every condo within the Inn on the Park complex is a studio apartment - there are 4 variations. The "Park Side" variations overlook Fort DeRussy recreational park and Waikiki Beach, while the "Pool Side" has views of the mountains.
Found in units: 01, 02, 03, 04, 05, 06, 07, 08, 09, 10, 11, 12, 13, 14, 15
View floor plan
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The above active listings are based on information from the Multiple Listing Service of the Honolulu Board of REALTORS®. Active listings last updated on 7/29/2010. Information is deemed reliable but not guaranteed. Copyright: 2003 by the Honolulu Board of REALTORS®. more.
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