2649 Varsity Pl APT 309, Honolulu, HI 96826

Leasehold studio with possible fee purchase available for $200,000. Buyer's will need to be preapproved by Lessors with a $1000.00 application fee paid directly to Lessors & a list of requirements are listed in Supplemental page. Centrally located in close proximity to all that the University/Moiliili area provides - within minutes from our acclaimed University of Hawaii, numerous eateries, & easy access to freeways. This functional studio has a flexible floorplan, is on the cooler side of the bldg, overlook your dedicated parking stall, & is near the elevator. The community laundry room is secured & conveniently located on lower level lobby are which is also secured. Fabulous opportunity to buy a property in this price range - CASH ONLY since the lease terms have not been negotiated. Lease expires in September 2029 & monthly lease rent payments are $492. Present tenant has rental term till June 2026. Wonderful alternative for students, investors, & homeowners to own a property in this fast developing area of Honolulu.