Honolulu rent to own home - a townhouse or condo (1 beds, 1 baths)

In the heart of Waikiki, this spacious 1BD/1BA corner-unit is conveniently within walking distance to world-famous Waikiki Beach and the Inernational Marketplace. The Hawaiian Prince Apartments is a secure well-maintained cooperative elevator building with a resident manager. This is a LEASEHOLD property, the ground lease ends on March 31, 2040, PROVIDED HOWEVER, that on or after March 31, 2030, Lessor(Queen Emma) should have the absolute right to terminate said Lease SUBJECT TO the conditions set forth in said Lease. Owners monthly expenses:$677.01(ground lease rent)+$401.19(monthly maintenance fee)+$91.62(monthly property tax)=$1, 169.82/total per month. ONLY ground lease rent increases 3% annually. The unit, the largest 1BD floor plan, was renovated in 2019 including new fixtures and appliances. The unit is being conveyed fully-furnished as-is. Minimum 30-day rental building and this unit has strong 30-day rental income history. There is a short wait list for onsite secured assigned parking for residents use which is $100/mo. Being sold as-is. Currently occupied, showings are only available after receiving an accepted offer with an inspection/showing contingency.This rent to o...

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wn home is a townhouse or condo located in Honolulu. It offers in size, 1 beds and 1 baths. Review its detailed information and determine if this Honolulu rent to own has the qualities you are looking for.  

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Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

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