Description
NO SHOWINGS. NO OCCUPANCY UPON PURCHASE OF FEE. This listing is to purchase the LEASE FEE interest only. The leasehold interest is separate sale. If buyer purchases both this Lease Fee & the Leasehold interest, together they will make it fee simple. In 2036, when lease expires, buyer may take possession of the unit. Current lease rent (income) is $2,522/year through 2026. This amount is expected to increase after renegotiations. Prefer Escrow Officer Rey David Yeban at Title Guaranty Queen Street. Lease NO: 24,300-062. Buyer to cover all closing costs. The Buyer should perform appropriate due diligence regarding all aspects of the leasehold unit. The lease fee sale is subject to right of first refusal held by the homeowners association. Please see supplements for additional information.
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Based on information from the Multiple Listing Service of the Honolulu Board of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use and cannot be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021 by the Honolulu Board of REALTORS. Updated: 18th April, 2021 7:27 AM
