First time EVER available at Ala Wai Mansion and possibly the only time selling! Here's your chance to purchase the lease-fee interest in a building! This is for the LAND ONLY underneath the building. As an owner of the lease-fee interest you receive monthly lease-rent payments, a step-up every 10 years (increasing 2021), and the actual condo unit at the end of the leasehold terms in 2051! Leasehold owner pays ownership costs: maintenance, real property tax, and homeowner's insurance. Showroom example (Unit #703) available by appointment ONLY, Sunday 2-5 PM, 8/9 & 8/16. Do NOT go on property otherwise. Prospectus sheet for additional information available by request.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
