Building Analysis - One Archer Lane: ~ by Paul Ford Building and Site Features
One Archer Lane is a 41 story concrete condo tower built in 1997. The mixed use condo building is located across from Straub Hospital and nearby the Honolulu Club gym and Neil Blaisdell Arena. On the ground level the property is occupied by Hawaiian Electric Company and KITV4. It’s also adjacent to the King Street Catholic Cemetery.
Common Areas for Residents
The main entrance is located off of South King St. There’s a porte cochere and glass lobby to welcome guests. 13 guest parking stalls are available in the secured parking garage. The building is secure and monitored with 24 hour security and a manager’s office.
Amenities are located on the large 9th floor recreation deck. Residents have use of a pool, hot tub and barbeque pavilions. There is a good sized party room on reserve for hosting parties.
Condo Type: Regular
20% down Non-US Buyer: 35% down VA loan: 0% down (if VA approved) [Check VA Approval]
Private Condo Features
Each floor has six 2 bedroom and four 1 bedroom condos. The units are relatively compact but efficiently laid out with 45 degree angles to maximize space and openness.
All condos feature floor to ceiling glass walls and all units have a lanai except 03 and 08 2br units. Air Conditioning is central. All units have washer/dryer hook-ups and sprinklers for fire protection.
The Bottom Line Best features: Good value for modern building. Efficient layout. Good security. Potential drawbacks: HECO has a large industrial site behind the condo that shares a common entry lane with the residents and the neighboring cemetery will deter some buyers.
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Each floor has six 2 bedroom and four 1 bedroom condos. The units are relatively compact but efficiently laid out with 45 degree angles to maximize space and openness.
All condos feature floor to ceiling glass walls and all units have a lanai except 03 and 08 2br units. Air Conditioning is central. All units have washer/dryer hook-ups and sprinklers for fire protection.
The Bottom Line
Best features: Good value for modern building. Efficient layout. Good security.
Potential drawbacks: HECO has a large industrial site behind the condo that shares a common entry lane with the residents and the neighboring cemetery will deter some buyers.