 |
Pacific Monarch
2427 Kuhio Ave
Waikiki - East
|
$328,000
- $328,000
Fee Simple and Leasehold
View on Map
|
Commentary - Pacific Monarch:
Pacific Monarch was originally intended to be used as a hotel. It is located only about 200 yards from the beach.
Studio and one-bedroom units are on the small side and best suited for short term stay. Air conditioning is window mounted. There are some small stores at the ground level. Security features include a locked lobby, entercom and private guards.
Lease on leasehold units expires in 2054.
For Investors: 1 day minimum on unit rentals
Amenities: Heated swimming pool, sauna, whirlpool, recreation deck.
|
| Units: |
216
|
| Stories: |
34
|
| Elevators: |
3
|
|
| Parking: |
Not conveyed with sale.
|
| Pets: |
with approval
|
| Year Built: |
1979
|
|
|
Lender Statistics - Pacific Monarch
| Owner Occpt %: |
36% |
| Litigation: |
Unknown |
Land Tenure |
Fee/Lease Mix expires:4/1/2044, max loan for LH: 30 |
|
| Condo Type: |
Condotel/Lodging |
| Management Co: |
Aston Resort 533-2292 |
|
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
|
|
|
|
