Description
For Investors only! Owner is selling the FEE ONLY, not the leasehold portion. It is a fee simple property with a lease that expires on 11/30/2035. Current lease rent is $332.29 per month. This Waikiki Banyan leased fee has a NUC (non-conforming use certificate) to allow for short term vacation rentals so when the lease expires and it turns fee simple the value will go way up. Lessee (leasehold owner) is responsible to pay association fees, real property tax and maintenance of the unit. This property is a 1 bedroom 1 bath 1 parking unit with 582 sqft of living and a 67 sqft lanai. Information advertised is based on tax records and cannot be verified. No showings allowed. Please do not contact the Lessee directly.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
For Investors only! Owner is selling the FEE ONLY, not the leasehold portion. It is a fee simple property with a lease that expires on 11/30/2035. Current lease rent is $332.29 per month. This Waikiki Banyan leased fee has a NUC (non-conforming use certificate) to allow for short term vacation rentals so when the lease expires and it turns fee simple the value will go way up. Lessee (leasehold owner) is responsible to pay association fees, real property tax and maintenance of the unit. This property is a 1 bedroom 1 bath 1 parking unit with 582 sqft of living and a 67 sqft lanai. Information advertised is based on tax records and cannot be verified. No showings allowed. Please do not contact the Lessee directly.
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