Built in 1976, 385 Units on 38 Floors, 1 - 3BR, Pets: OK (verify).
Amenities include Putting Green, Pool, Sun Deck, Fitness Room, BBQ, Game Room, Sauna, 24-Hour Security & More.
This is a Leasehold property, the lease expiring in 2041.
About Royal Kuhio
This Royal Kuhio is a Waikiki condotel with everything. It's a quick walk to the beach, next to a number of restaurants and nightlife options and full of amenities. You'll never be bored here. Sportsmen and women will love the exercise room, putting green and tennis court plus the game room with pool and ping pong tables. If you're in more of a take-it-easy mood, you'll get plenty of that on the sun deck, relaxing by the unique pool.
We're talking in terms of keeping your condo booked and your guests happy, of course as this is overwhelmingly an investment and income property building, not a primary residence. With the benefits already named, you can see it shouldn't be difficult to keep the booking calendar full.
All units at the Royal Kuhio have kitchens, too, so your clients have a place to whip up meals, something very important in the vacation rental market. In the Royal Kuhio condos, you've got that box checked.
What clinches the deal are the sizes of these units, easily bigger than most Waikiki condos:
Studios from 436 to 445 sq ft.
1BRs with 538 sq ft.
2BRs from 1043 to 1243 sq ft.
3BRs from 1985 to 2422 sq ft.
Vacationers will love these generous sizes and that will make you happy, too. Time to open your rental business.
The price range of condos for sale in Royal Kuhio is $189K to $1.08M with a median price of $225K and median interior of 445sf.
The median price of condos sold in Royal Kuhio year-to-date (2016) is $240K. In previous years it was $245K (2015), $185K (2014), $260K (2013), $175K (2012), $140K (2011), $170K (2010), $172K (2009), $225K (2008), $220K (2007), $260K (2006), $265K (2005), $235K (2004), $165K (2003).
17 condos have sold in Royal Kuhio year-to-date (2016). In previous years, the total number of condos sold were 6 (2015), 11 (2014), 16 (2013), 7 (2012), 6 (2011), 7 (2010), 6 (2009), 9 (2008), 11 (2007), 7 (2006), 18 (2005), 13 (2004), 5 (2003).
On average Royal Kuhio condos were on the market for 138 days before they were sold (2016). In previous years it was 72 days (2015), 82 days (2014), 101 days (2013), 98 days (2012), 76 days (2011), 106 days (2010), 79 days (2009), 128 days (2008), 86 days (2007), 96 days (2006), 92 days (2005), 56 days (2004), 51 days (2003).
The total dollar volume of condos currently for sale in Royal Kuhio is $2.88M and the sold dollar volume year-to-date (2016) is $4.38M. In previous years sold dollar volume was $1.71M (2015), $2.25M (2014), $4.64M (2013), $1.49M (2012), $1.65M (2011), $1.28M (2010), $1.3M (2009), $3.15M (2008), $4.49M (2007), $2.63M (2006), $6.41M (2005), $4.52M (2004), $1.03M (2003).
The most recent sale in Royal Kuhio was a condo located at #2114 , sold for $195K on Oct 28, 2016. It had 444sf of interior. 9 other recent sales include: #1301 (538sf) sold for $175K on 10/19/2016. #1306 (444sf) sold for $370K on 8/17/2016. #3006 (444sf) sold for $212K on 7/8/2016. #1307 (444sf) sold for $148K on 7/1/2016. #3604 (1,163sf) sold for $350K on 6/8/2016. #2508 (538sf) sold for $235K on 6/3/2016. #2507 (444sf) sold for $185K on 6/2/2016. #2006 (444sf) sold for $259K on 6/2/2016. #1204 (445sf) sold for $345K on 5/31/2016.
In Royal Kuhio there is currently 2 fee simple and 5 leasehold units for sale. 3 of the condos have ocean views, 4 have Diamond Head views and 4 have mountain views.
There are 5 x 1 bedroom floor plans and 2 x 2 bedroom floor plans.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 03, 2016. Information is deemed reliable but not guaranteed.