Linda McCabe and Erin McCabe with Corcoran Pacific Properties
MLS: 202226137 $244,400
2 Bedrooms with 1 Bath98-145 LIPOA PLACE #A301
AIEA HI 96701
List Price: $244,400
Price per SQFT: $302
Square Footage: 809
Year Built: 1966
Zip Code: 96701
Great Investment opportunity in the only Hotel in the area, close to Pearl Harbor, the airport, and Pearlridge Center shopping mall. All hotel units are 2 bedrooms, 1 bathroom, 1 parking, with living room, full kitchen, fully furnished, with cleaning and laundry services. Hotel guests can enjoy the pool, barbeque area, and walking/jogging path just outside the property. Some units have been renovated, as shown in the photos. Unit 301 is under renovation, scheduled to be finished in early 2023 with finishes similar to that pictured. Management provides approximately $3,000 per quarter to owner. This amount fluctuates depending upon occupancy of the entire hotel, and is not based upon whether the particular owned unit is rented. Thus, the owner receives the amount, as determined by the board, regardless of whether the owned unit is under renovation. Management pays hotel expenses, which include all utilities, maintenance, cleaning, guest services, and bookings. Owner is responsible for property taxes. This unit is priced at tax assessed value. Unit 309 is also available for sale, see MLS 202225373. As this is a hotel apartment, use is for hotel guests, not for owner occupancy.
Address: 98-145 LIPOA PLACE #A301 AIEA HI 96701
Listing Courtesy of COLDWELL BANKER REALTY
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AREA: PearlCity NEIGHBORHOOD: PEARLRIDGE ARCHITECTURAL STYLE: Condotel, Low-Rise 6 or Less Stories, Walk-Up PROPERTY TYPE: Condo/Townhouse LAND TENURE: FS - Fee Simple BUILDING NAME: Harbor Shores Apts AMENITIES: BBQ, Community Laundry, Condo Association Pool, Patio/Deck, Resident Manager UNIT FEATURES: Odd# Unit, Single Level INCLUSIONS: None FULL BATHROOMS: 1 HALF BATHROOMS: 0 VIEW: Garden, Mountain FLOORING: Other STORIES TYPE: One PARKING FEATURES: Assigned, Open - 1 PARKING TOTAL: 1 PROPERTY CONDITION: Excellent LISTING AGENT: LISA HAERINGER LISTING OFFICE: COLDWELL BANKER REALTY LISTING CONTACT: (808) 732-1414
Estimated Monthly Payments
List Price: $244,400 20% Down Payment: $48,880 Loan Amount: $195,520 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $1,236
Estimate does not include taxes, fees, insurance.
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Property Location: 98-145 LIPOA PLACE #A301 AIEA HI 96701
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Last Updated: 2023-12-09