THIS SALE IS FOR THE LAND ONLY. DO NOT DISTURB THE TENANTS! DRIVE BY ONLY! You are buying the remaining leased fee interest in the land which will make you the lessor. The purchase includes all of the rights of a lessor and income. One very important lessor right is contained in paragraph 20 of the original lease. Ask your agent for a copy of the lease posted in the MLS supplements. Please discuss the ramifications of paragraph 20 in relation to the house on the land with your agent or attorney. This lease expires on 12/31/28. Rent is $400/year + property taxes. The fixed rent period ended December 31, 2003 and the annual rental payable for the period January 1, 2004 thru December 31, 2028 has not been determined. Make all offers. CASH ONLY! Possession is subject to tenant lease.
If you are interested in properties over 8.5 million dollar, 8,500 square feet, or 15 bedroom, you may use the following form for inquiry. We can search all properties for sale in Hawaii.
Contact Me
Similar Listings
Single Family 4 bedroom $630,000 MAKAHA MLS:...
Spacious home sits near Makaha's lovely beaches where everyone carries a genuine smile. ...
Spacious home sits near Makaha's lovely beaches where everyone carries a genuine smile. This single story home o ...
Single Family 3 bedroom $709,000 KAPOLEI MLS...
Turn this into the dream you always wanted. House is in need of major repair. Bring yo ...
Turn this into the dream you always wanted. House is in need of major repair. Bring your interior design vision ...
Single Family 3 bedroom $775,000 PACIFIC PAL...
SELLER OFFERING $15,000 CREDIT towards 2/1 rate buydown, closing costs, or property upg ...
SELLER OFFERING $15,000 CREDIT towards 2/1 rate buydown, closing costs, or property upgrades... buyer's choice! ...