Honolulu rent to own home - a townhouse or condo (1 beds, 2 baths)

A rare opportunity to experience PENTHOUSE living in the heart of Waikiki. The Hawaiian Prince Apartments is a secure well-maintained coopeative elevator building with a resident manager. This is a LEASEHOLD property with the ground lease ending on March 31, 2040, PROVIDED HOWEVER, that on or after March 31, 2030, Lessor(Queen Emma Land Co.) 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 the ground lease rent amount increases 3% annually. 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. There is a short wait list for onsite secured parking. The soon to open Target Waikiki is only a few steps away! Unit is currently occupied, showings are only available after receiving an accepted offer with an inspection/showing contingency.This rent to own home is a townhouse or condo located in Honolulu. It off...

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ers in size, 1 beds and 2 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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