| reat 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.
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| MLS | Public |  | Condo/Townhouse | Condo | Property Type Sub Type | 98-145 Lipoa Pl | 98-145 Lipoa Pl |  | Harbor Shores Apts A301 | Harbor Shores 301 | | Aiea HI 96701 | Aiea Hawaii 96701 | | Pearl City Pearlridge | Aiea | | na | Scott Elem |  | na | Aiea Int | | na | Aiea High | | | Aiea-Moanalua-Radford | Complex | | Public Schools | Rank | | Private School | Guide | na | Kimi Associates Ltd Kimi Associates Ltd | Builder | MLS 202226137 | TMK 1-9-8-14-27-29 | Property ID | 2 | 2 | Bedrooms | 1 | 1 | Full Baths | 0 | 0 | Half Baths | 1 | 1 | Total baths | 0 | | Rooms | 1 | 1 | Parking | 702 | 702 | Interior sf | 107 | | Lanai sf | 809 | | Total sf | $244,400 12/28/2022 | | Original list | Expired | | Status |
$244,400
| | List price | Fee Simple | Fee Simple | Tenure | No | | Fractional | 1966 | 1966 1966 | Year built | na | | Conversion | 2022 Partial | | Remodeled | 0 % | Biennial Reg, § 6. | Owner Occupancy | $ 0 $ 0 $ 0 $ 0 Includes: Cable TV Electricity Hot Water Internet Service Sewer Water | | AOAO fee AOAO other Maint fee AOAO total fees | 3 | 3 | Floor | Garden Mountain | | View | Regular System | | Recorded | A-1 Low Density Apartment | A-1 | Zoning | Zone - X | | Flood | na | | Restrictions | Excellent | | Condition | Odd# Unit Single Level | | Features | Other | | Flooring | None | | Inclusions | na | | Exclusions | Key | 0.00 | Security | BBQ Community Laundry CNDAP Patio/Deck Resident Manager | | Amenities | Other | | Frontage | Condotel Low-Rise 6 or Less Stories Walk-Up | Condo 3 Stories 42 Units | Architecture | na | | Model | | na | Skyscraper | Concrete Hollow Tile | | Materials | One | | StoriesType | Pets Allowed (Verify) Disclosure Stmt | | Disclosures | 301 | | Parking stall ID  | | | | | | | 0 | 75 | Public Report | Assigned Open - 1 | | Parking | | 0 | Guest parking | 0 | Passenger 0 Freight 0 | Elevators | na | | AOAO Name | na | | AOAO Ph | Harbor Shores | Self Managed | Management Co Name | 808-488-5742 | | Management Co Ph | na | | Buyer Financing | | na | 1st Mortgagor | | na | 1st Mortgage | | na | 2nd Mortgagor | | na | 2nd Mortgage | No/na | | Foreclosure/Case# | 2022 | 2020 | Property tax year | $ 116,200 | $ 134,800 | Land assessed | $ 128,200 | $ 95,100 | Building assessed | $ 0 | $ 0 | Home owner exemption | $ 244,400 | $ 229,900 | Total assessed RPAD | $ 283 | $ 266 | Tax per month rates | 0 | | Total rent | | | Building Permits | Other | | Possession | None | | Special | Cash Conventional Exchange | | Financing | Full | | Furnished | No | | New development | | Monthly | Cost to own estimate: | | $ 283 | Real Property Tax | | $ 0 | Association Fee | | $ 0 | Lease Rent | | $ 283 | Cost to own (ex Mortgage, Ins & Elec) | 12/28/2022 | | Active | na | | Price change | na | | Continue to show | na | | Pending | na | | Temp withdrawn | na | | Back on market | na | | Withdrawn | 12/28/2023 | | Off market | 12/29/2023 | | Status change | na | | Advertise | na | | Auction | Coldwell Banker Realty | Listing Brokerage Firm | 12/28/2022 | | Photos uploaded | 1/30/2023 | | Supplement Mod |
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Hawaii Home + Commercial LLC
Principal Broker
Robin Charles Glass (R), MBA, eng.
Ph: (808) 358-1774
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Email: glassr@hawaiihome.cc
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