| or Investors only! Owner is selling the FEE ONLY, not the leasehold portion. It is a fee simple property with a lease that expires on 10/30/2045. Current lease rent is $1,407.46 per month with the next renegotiation scheduled for 11/01/2025. This Banyan Tree Plaza leased fee is a high lease rent investment paid monthly without the headaches and expenses of a traditional rental property and at the end of the lease expiration it turns fee simple with lots of appreciation. Lessee (leasehold owner) is responsible to pay association fees, real property tax and maintenance of the unit. This property is a 3 bedroom 2 bath 1 parking unit with 1,356 sqft of living. Information advertised is based on tax records and cannot be verified. No showings allowed. Please do not contact the Lessee directly. | What will it cost to own? |
| MLS | Public | | Condo/Townhouse | Condo | Property Type Sub Type | 1212 Punahou St | 1212 Punahou St | | Banyan Tree Plaza 908 | Banyan Tree Plaza 908 | | Honolulu HI 96826 | Honolulu Hawaii 96826 | | Metro Punahou | Lower Makiki | | na | Kaahumanu Elem | | na | Washington Int | | na | McKinley High | | | Kaimuki-McKinley-Roosevelt | Complex | | Public Schools | Rank | | Private School | Guide | na | Business Investment Business Investment | Builder | MLS 202303653 | TMK 1-2-4-7-2-32 | Property ID | 0 | 3 | Bedrooms | 0 | 2 | Full Baths | 0 | 0 | Half Baths | 0 | 2 | Total baths | 0 | | Rooms | 0 | 1 | Parking | 0 | 1,356 | Interior sf | 0 | | Lanai sf | 0 | | Total sf | $450,000 3/7/2023 | | Original list | Withdrawn | | Status |
$450,000
| | List price | Fee Simple | Leasehold | Tenure | No | | Fractional | 1974 | 1974 1974 | Year built | na | | Conversion | 0 na | | Remodeled | 61 % | Biennial Reg, § 6. | Owner Occupancy | $ 0 $ 0 $ 0 $ 0 Includes: None | | AOAO fee AOAO other Maint fee AOAO total fees | 9 | 9 | Floor | None | | View | Land Court | | Recorded | A-3 High Density Apartment | A-3 | Zoning | Zone - X | | Flood | na | | Restrictions | Above Average Average | | Condition | Even# Unit | | Features | Other | | Flooring | None | | Inclusions | na | | Exclusions | na | Guard Enter phone | Security | CNDAP Recreation Area Recreation Room Resident Manager Security Guard Trash Chute | | Amenities | na | | Frontage | High-Rise 7+ Stories | Condo 35 Stories 242 Units | Architecture | na | | Model | | Banyan Tree Plaza | Skyscraper | Concrete | | Materials | 21+ | | StoriesType | Licensed Owner See Remarks | | Disclosures | TBD | | Parking stall ID | | | Building Matrix | | | | | | Floor Plans | 0 | 393 | Public Report | Assigned Guest Open - 1 | | Parking | | 20 | Guest parking | 0 | Passenger 3 Freight 0 | Elevators | na | | AOAO Name | na | | AOAO Ph | Hawaiiana | Hawaiiana Mgmt Co Ltd | Management Co Name | (808) 593-9100 | | Management Co Ph | na | | Buyer Financing | | Continental Savings Bank | 1st Mortgagor | | 168,000 | 1st Mortgage | | na | 2nd Mortgagor | | na | 2nd Mortgage | No/na | | Foreclosure/Case# | 2022 | 2020 | Property tax year | $ 106,500 | $ 92,400 | Land assessed | $ 502,800 | $ 490,200 | Building assessed | $ 0 | $ 0 | Home owner exemption | $ 609,300 | $ 582,600 | Total assessed RPAD | $ 0 | $ 170 | Tax per month rates | 0 | | Total rent | | | Building Permits | Subject to Rental Lease | | Possession | None | | Special | Cash | | Financing | None | | Furnished | No | | New development | | Monthly | Cost to own estimate: | | $ 0 | Real Property Tax | | $ 0 | Association Fee | | $ 1,407 | Lease Rent | | $ 1407 | Cost to own (ex Mortgage, Ins & Elec) | 3/7/2023 | | Active | 3/7/2023 | | Price change | na | | Continue to show | na | | Pending | na | | Temp withdrawn | na | | Back on market | 7/25/2023 | | Withdrawn | 7/25/2023 | | Off market | 7/25/2023 | | Status change | na | | Advertise | na | | Auction | Compass | Listing Brokerage Firm | 3/7/2023 | | Photos uploaded | na | | Supplement Mod |
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Robin Charles Glass (R), MBA, eng.
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