 |
| Fee Simple and Leasehold |
Hawaiian Monarch: TMK 1-2-6-014-032-0000
The Hawaiian Monarch is located on the Ala Wai Canal just three blocks from the beach, Convension Center, Ala Moana Shopping Center and Fort DeRussy.
The units have ocean, mountain and city views. Since the building is standing alone, almost all of th units have views, even on the lower flors.
Amenities include swimming pool and extra large sun deck. There is a large coin operated laundry facility, restaurants, beauty salon, sushi bar, and sundry shop. The parking is not included with the unit however, monthly parking can be rented daily or monthly from the parking vendor located in the building.
The maintenance fee includes electricity, hot water, sewer and water. Additionally, basic cable TV is paid with your maintenance fee, approximately $48.00 per month.
Security is provided through the hotel lobby personnel and security guards. The elevators require a key to operate.
Buyers of the Hawaiian Monach are often investors looking for income from the hotel rental pool or long term rentals, (6 months or longer). There is a low percentage of owner occupancy on a full term basis in this building. It's location at the entrance to Waikiki make it very desirable for people who use the bus lines or walk to work.
Units are both fee simple and leasehold. The lease expires 02/01/2054. The fee is available to purchase at any time.
This building is a favorite of Team Coconut. The one unit apartments are designed to be rented as two studio rentals. Contact us for more information.