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Posted on: Thursday, January 11, 2001
Three-acre Waikiki property listed
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Odakyu Hawai‘i Corp. has put a 15-parcel property containing the ‘Ohana Waikiki Hobron Hotel up for sale at $38 million through local real estate firm Colliers Monroe Friedlander.
The 3-acre, mostly fee-simple site between the Renaissance ‘Ilikai and the Hawai‘i Convention Center contains mostly low-rise, multifamily apartments built in the 1940s and 1950s. It is zoned for apartment use with an allowance for the hotel.
Broker Doug Pothul said he expects interest from multi-family and assisted-living developers.
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