Atkinson Towers 601 MLS

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"For Sale as of February 4, 2010"
ATKINSON TOWERS

Condominium Apartment #601

Three Bedroom + Studio/Office& One Bathroom

MLS: 1001607

OPEN HOUSE
Sunday (March 7) 2 pm - 5 pm

"419-A Atkinson Dr., Honolulu, HI 96814"

Price: $375,000.00 (Fee Simple)

This 15 story high rise building is a block to the Hawaii State Convention Center; across the street from the Ala Moana Hotel; behind Yacht Harbor Towers and the YMCA complex; one block to the Ala Moana Shopping Center, Ala Moana Beach Park (Magic Island), Pacific Ocean, and at the entrance to Waikiki.

The 6th floor apartment has an enclosed lanai that creates a larger living area. This apartment has 3 Bedrooms and Studio/Office room. Each room has its own closet and private door.

The apartment is partly furnished, and has been recently renovated. There is a new full-size Washer and Dryer, ceramic tile in the entry way and living area, and wall-to-wall carpets in all of four (4) rooms.

Atkinson Towers is a secured entry building, with two secured elevators, and a Maintenance Manager. The project has a pool, building meeting room, individual Owners' storage/lockers, and cable TV (high-speed internet is available).  No Pets are allowed, with the exception of certified seeing-eye dogs.


NOTE: Atkinson Towers - Parking - Unit #601

The Owner/Seller will consider pre-paying the parking stall lease rent from the date of closing until December 31, 2016 at approximately $4,600.00, plus apply $5,000.00 towards the conversion of the parking lot to fee simple, or the extension of the lease, or any special assessment.


Frequntly Asked Questions:

1. How many bedrooms? The MLS shows the 3-bedrooms, but the 4th ″room″ can be a small office or storage with a closet and a private door.

2. What about financing? Bank of America, Wells Fargo and most of the Mainland Banks/Lenders won′t write a mortgage on Atkinson Towers, because it′s a ″mixed-use″ project (Coops and Condos) and the parking lot is ″Leasehold″. But, Bank of Hawaii and First Hawaiian Bank will write a ″Portfolio″ loan at 20%-25% down.

3. YES. The Owner will consider a ″Seller′s Financing″ Purchase Money Mortgage, with as low as 10% down, for 5-7 years, at 6% interest only payments, depending on the credit report/score and/or a financial statement. This could save the Buyer upwards of $6,000 to $9,000 in closing costs.

4. What was the last sale in Atkinson Towers as a comp? Unit #1101 sold October 2009 at $380,000.00 with a covered parking stall and it was/is highly upgraded and renovated.

5. What is included in the Maintenance Fees? Building insurance, Maintenance Manager, water, sewage, and basic cable. The electricity is not included.

6. What was previous rental income? The apartment has been rented up to a total of $2,500/month.

7. Why are the owners selling this condo? The husband is about to retire from his job at the university and he wants to join his wife who is now living in their new home in Thailand. The Sellers are highly motivated.


Click here for  Multiple Pictures of the building and from inside the apartment #601.

Generic Purchase Contract. Twelve pages of the Hawaii Association of Realtors (important to read if you are considering an Offer to Buy - Purchase Contract © 2009 HAR.) Note: This document can only be used/completed by a Realtor.

House Rules  to read the House Rules, as of March 2006, and other documents.


Interior Area: 1,048 sq. ft.
Maintenance Fee: $488  /  Other Monthly Fees (Parking Stall Lease Rent): $58
Total Monthly Fees/Charges: $546
Bedrooms: Three + Studio/Office  /  Bathrooms: One  /  Covered Parking Stall #29


Google Hybrid Map to Atkinson Towers


Your Host: Grzegorz (Greg) Mroz, RA
Walt Flood Realty * Phone: 312-479-0878 *  Fax: 1-866-912-8984 (Toll Free)
 55 S. Kukui St. #1810, Honolulu, HI 96813
E-mail: WaltFloodRealty@gmail.com  *  Website: WaltFloodRealty.com/



* All information contained herein is obtained from sources deemed reliable, no representation is made as to the accuracy thereof, & it is submitted subject to errors, omissions, changes & withdrawals without notice.



Walt Flood Realty ®
2092 Kuhio Ave, Home Office, Honolulu, HI 96815-2134
Phone (808) 922-1659 • Fax 1-866-912-8984 (Toll Free) • WaltFlood@Hawaii.rr.com

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