Description
With spectacular Ocean views, this 2-bed, 2-bath corner-unit with lanai participates in the Hotel Rental Program. Occupancy has averaged 16 sold nights per month (Dec, 2022 to Sep, 2023) with an average positive cash flow in excess of $10K in that same timeframe. Seller is participating in the Ewa Tower Unit Renovations Project, which is mandatory for all units in the Hotel Rental Program. $124K towards upgrades will be paid by the seller. Unit will be enhanced with new carpet, paint, wall coverings, select furnishings, upholstery, lighting, & artwork. (Work expected to begin Fall, 2024.) The Ritz-Carlton is within close proximity to many of Waikikis acclaimed beaches, attractions, shops, & restaurants. There is a long list of luxurious amenities which are synonymous with the Ritz-Carlton brand. The building is impeccably maintained and managed by the full-time, and very attentive, Ritz-Carlton Residences staff.
-
2BEDS
-
N/AACRES
-
2BATHS
-
01/2 BATHS
-
1,235SQFT
-
$1,336$/SQFT
School Ratings & Info
Description
With spectacular Ocean views, this 2-bed, 2-bath corner-unit with lanai participates in the Hotel Rental Program. Occupancy has averaged 16 sold nights per month (Dec, 2022 to Sep, 2023) with an average positive cash flow in excess of $10K in that same timeframe. Seller is participating in the Ewa Tower Unit Renovations Project, which is mandatory for all units in the Hotel Rental Program. $124K towards upgrades will be paid by the seller. Unit will be enhanced with new carpet, paint, wall coverings, select furnishings, upholstery, lighting, & artwork. (Work expected to begin Fall, 2024.) The Ritz-Carlton is within close proximity to many of Waikikis acclaimed beaches, attractions, shops, & restaurants. There is a long list of luxurious amenities which are synonymous with the Ritz-Carlton brand. The building is impeccably maintained and managed by the full-time, and very attentive, Ritz-Carlton Residences staff.
© 2023 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or LUVA Real Estate.
Licensed in the State of Hawaii, USA.