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ScottREI Category: Business Strategies
Current Grade: A-
Total Views: 540
Member Comments: 0
Posted on: 04/14/2007
Posted by: ScottREI
Blog Points: 16
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This is Scott Garner, owner of the Orange County Real Estate Investment Club. I have a very unique opportunity to own property in Honolulu Hawaii. The Ala Moana Condominium Hotel is the ideal property for today’s Real Estate Investor. It is located in the prime location for tourist as well as business travelers. The Ala Moana is directly across from the beach, located directly next to the Ala Moana Shopping mall and is adjacent to the Honolulu Convention Center. Not only will you enjoy the amenities of a resort style hotel but also as an investor the facility still operates as if it is an indepnedant 5 star Resort Hotel. Therefore if you choose to use the services of the property management located at the Ala Moana they will rent out the rooms daily like a resort hotel for a 50/50 split of the monthly rent collected. Room rates range from $150 to $220 a night based on seasonal time frame and higher traffic months. This facility has a high occupancy rate per month and can see a possible positive cash flow per month based on your financing. Facility has been fully renovated with over $40 Million Dollars of upgrade and remodeled room. This will go fast at this price. Unit is located on the 31st floor with panoramic views of the Ocean Coast, City and Plush green Mountain range. For an online informationpacket please email me at Info@OCREIC.org Thank you Orange County Real Estate Investment Club www.OCREIC.org