Co-Op Apartment #1102
One Bedroom & One Bathroom

Price Reduction: $268,000.00 (Fee Simple)  MLS: 2418017

Note: The Owners/Sellers are motivated; they have taken a job on Kauai and have to sell.

     This 15 story high rise building is a block to the Hawaii State Convention Center; across the street from the Ala Moana Hotel; behind Yacht Harbor Towers and the YMCA complex; one block to the Ala Moana Shopping Center, steps to Ala Moana Beach Park (Magic Island) and at the entrance to Waikiki.

     This 11th floor apartment offers a large Lanai (76 sq.ft.) with a view to the swimming pool &  some views of the Ocean/Harbor/Canal/City/Mountains.

     Note: With Board approval, a Second Bedroom can be constructed in the Living area (Proposal of $2,480.00), along with enclosing the Lanai (Proposal of $1,850.00), for a Total Interior area of 816 sq.ft.

     The apartment is partially furnished (appliances). There is a clothes washer and a dryer in the apartment, wall-to-wall carpets and vinyl tile flooring in the kitchen/bathroom.

     Atkinson Towers is a secured entry building, with two secured elevators, and a Maintenance Manager. The project has a pool (not heated), building meeting room, individual storage/lockers (20 cu.ft.), and cable TV.  No Pets are allowed, with the exception of certified seeing-eye dogs.

     Atkinson Towers, Inc. is a Residential Cooperative, not a Condominium. The Buyers have to be Owner Residents (NOT Landlords or Investors) and have to be approved by the Board of Directors.

     Please read the Atkinson Towers, Inc. Disclosure Statement for the details of the leasehold nature of the 10,500 sq.ft. parking lot, possible fee conversion, what happens if the fee is not obtained, or the leasehold is not extended, and/or the effects of the surrender clause.

     Please read the document: "Cooperative versus Condominiun", for an explanation of the cooperative form of ownership, versus the condominium form of real estate ownership.

     NOTE: Bank of Hawaii is offering a fixed rate (80% LTV), 30 year mortgage, on Atkinson Towers, Inc. Or, 5/30 year ARM financing is available, under certain terms & conditions (ask the Realtor).

Interior Area: 740 sq.ft.  /  Lanai: 76 sq.ft.  /  Total Area: 816 sq.ft.
2005 Maintenance Fees: $286.  /  Property Taxes: Included.  /  Parking Stall Rent: $42.
Total 2005 Monthly Fees/Charges: $328. (not including electric service)
Bedrooms: One  /  Bathrooms: One  /  Parking Stall #80 is included

Your Host: Walter Flood, Realtor, PB
Walt Flood Realty * Phone: 808-922-1659 *  Fax: 1-877-358-5637 (Toll Free)
 1750 Kalakaua Ave., Suite 103, Honolulu, HI 96826-3795
E-mail:  *  Website:

All information contained herein is obtained from sources deemed reliable, no representation is made as to the accuracy thereof & it is submitted subject to errors, omissions, changes & withdrawals without notice.

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