Luxury AAA class new building. Great for INVESTOR or Perfect 1031 Exchange! Wonderful tenant paying (a low) $5,600/mo during showings thru 6/30/26 w/ 3-mo extension option. Ocean view will remain, partially obstructed by final Ward Village buildings (see photos). Two covered side-by-side parking stalls on lobby level 22guest stalls. Original owner bought for a family member that ended up moving to the mainland, so they want to sell! Koula offers top-tier amenities: private dining rooms, event kitchens, indoor/outdoor fitness centers, guest suites where visiting family and friends can stay for $200 per night, a Dean & DeLuca café in the lobby & a large soon to be completed attached park. New pedestrian bridge provides access over Ala Moana Blvd to Kewalo Basin Harbor & Ala Moana Beach Park w/ tennis courts & surf. Prime location within walking distance to restaurants, shops, Ward theaters & local eateries. 5 min drive to Downtown, Waikiki & UH Manoa. 12 min to HNL airport. Lenders currently require 30% down however Seller will consider Seller financing. There is a potentially assumable $700K loan at 4.375% and Seller may consider 2nd mortgage. See attached supplements for 8 Comparable Units Sold in Koula (Last 12 months)
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