What can you BUY? This video has information on the Hawaiian Monarch penthouses used as vacation rentals.
This is a rare find to offer 2 bedrooms, 2 bathrooms with full kitchen, ensuite washer/dyer and fabulous views!
On occasion it does come on the market but it is rare.
Currently there are 2 active from about $700K to the high $700K.
Are you seeking to use in the Winter for a getaway in Hawaii and have difficulty finding accommodation for family of 6?
Or a corporate stay that could find use for mobile work part of the year?
This is something to consider where the rest of the time you could rent as a vacation rental for high returns.
This is relatively speaking compared to renting it for 6 months to a year.
Higher Cap rate on “vacation rental nightly stays”.
For more Hawaiian Monarch videos I have;
PH601 https://youtu.be/Jr4ggE1qXKo
PH401 https://youtu.be/oOFPAh2K47g
ThinkTech Hawaii (video about vacation rentals)
https://youtu.be/uTfftM1S2NA