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.
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2BEDS
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N/AACRES
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2BATHS
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01/2 BATHS
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1,235SQFT
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$1,336$/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.
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