Honolulu Real Estate: Spectacular Investment Property Just Sold

Michael Zimmerman just sold this spectacular property for investors or second home. It was the first sale at the Palms at Waikiki in 3.5 months.  The Palms is just steps away from Waikiki’s renowned beaches, Hilton Hawaiian Village, Ala Moana Shopping Center and the Hawaii Convention Center

Palms at Waikiki

Palms at Waikiki

Palms at Waikiki Condominium
1850 Ala Moana Blvd. #725
Sold for $187,500 Fee Simple

The condotel apartment is in Aqua Resort’s rental pool and the highly sought after parking stall generates additional income for the owner.  The Palms produced consistent, high occupancy throughout 2008.  Key features included:

  • Quiet side of the building
  • Superb condition – remodeled in 2005
  • Living area approximately 271 square feet
  • Open lanai approximately 46 square feet
  • 1 covered parking stall
  • MLS #2817929

Looking for your very own investment property in Honolulu?  Contact Michael Zimmerman or visit my web site to perform your own specific Honolulu home search.


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