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98-130 Lipoa Pl
Aiea, HI 96701
Harbor Arms Apartment Hotel · Hospitality Property For Sale · 26,319 SF

INVESTMENT HIGHLIGHTS

  • TOD District - Located near the AIea station of the Honolulu Rail Transit System.
  • Market Supply - One of two hotels in the trade area. The lack of supply coupled with the high barriers to entry provides a unique market share.
  • Flexible Use - The property also can be converted to an apartment use due to the underlying A-1 Zoning.
  • Brand Affiliation - The hotel is unencumbered by a hotel brand. Opportunity to leverage a new brand or reservation system to generate more revenue.
  • Non-Union - The hotel is not part of a union agreement and is currently staffed with non-union labor.
  • Units are furnished with a 4-burner stove, oven, microwave, toaster, and a full size refridgerator.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.45 AC
Building Size 26,319 SF
No. Stories 3
Year Built 1965
Parking Ratio 1.14/1,000 SF
Corridor Exterior
Zoning BMX-3

AMENITIES

  • Pool

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-9-8-014-015-0000
Land Assessment
$2,255,600
Improvements Assessment
$2,149,600
Total Assessment
$4,405,200
  • Listing ID: 18318967

  • Date on Market: 1/27/2020

  • Last Updated:

  • Address: 98-130 Lipoa Pl, Aiea, HI 96701

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