New Listing: "FOR SALE"
This property is NOT on MLS with the Honolulu Board of Realtors.
One Bedroom & One Bathroom
Asking Price: $285,000.00 (Fee Simple)
Note: This is a "Private Sale" (No Open Houses, No showings, and the tenants can not be disturbed).
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 low floor apartment offers a large interior space (740 sq.ft.) with an open Lanai (118 sq.ft.), behind a 6'x8' glass door and a 6'x8' glass panel.
The apartment is partially furnished (appliances), but needs some minor repairs, renovations, and some upgrades. There is a new clothes washer, portable dryer, a refrigerator, and wall-to-wall carpets.
Note: This apartment can be upgraded by installing a second bedroom, and the Lanai can be enclosed, for a total interior space of 858 sq.ft. Total estimated cost: $6,000.00 to $8,000.00
Atkinson Towers is a secured entry building, with two secured elevators, and a Maintenance Manager. The project has a pool, building meeting room, individual storage lockers in a separate room, 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 Buyer has to be approved by the Board of Directors.
NOTE: A second parking stall may be "available" to rent (from $75/month to $95/month), or the leasehold interest in a parking stall can be purchased, from $20,000.00-$28,000.00.
Conventional Financing is available. Note the Seller requires a Pre-qualification Letter, from the Bank of Hawaii, or First Hawaiian Bank, prior to presenting a DROA for review, and/or acceptance (please ask the Realtor).
Multiple Pictures taken from inside the apartment, a view of the pool, and the building. The views are "other": back-side of Yacht Harbor Towers' parking garage.
Important Listing Broker's Advice to the Buyer, and some text for the DROA.
Atkinson Towers Disclosure to read 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.
Board of Directors Minutes to read the Minutes of the monthly meetings from April 2005 to December 2005.
2006 Budget and Reserves to read the Operating Budget and the Reserve Study for 2006.
Atkinson Towers Sales Spread sheet showing all the sales at Atkinson Towers, since July 2004.
AOAO Newsletter to read the Quarterly Newsletter for Atkinson Towers, Inc. for period: Spring 2006.
AOAO Newsletter to read the Quarterly Newsletter for Atkinson Towers, Inc. for period: Winter 2005.
Officers and Directors How to get in touch with the Officers and Directors of Atkinson Towers, Inc.
House Rules to read the House Rules, as of March 1990, and other documents pertaining to stockholders.
Cooperative Apartments to read the a document about cooperative forms of ownership, versus the condominium form of real estate ownership in Hawaii.
Cooperative versus Condo to read the a New York City Attorney's explanation of the cooperative form of ownership, versus the condominium form of real estate ownership.
Map to Atkinson Towers
Listing Agent: Walter Flood, Realtor, PB
Walt Flood Realty * Phone: 808-922-1659 * Fax: 877-358-5637 (Toll Free)
1750 Kalakaua Ave., Suite 103, Honolulu, HI 96826-3795
E-mail: WaltFlood@hawaii.rr.com * Website: WaltFloodRealty.com/