Kahala condos selling cheap...with a catch.

Real Estate Broker · Coppell, TX · Member since 2011 · 5k+ posts · 4k+ votes

Will be interesting to see where this and some other similar developments with ground leases set to expire in the coming years.
https://hoodline.com/2025/11/pennies-for-paradise-kahala-bea...

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Bill B.
Investor · Las Vegas, NV · Member since 2013 · 8k+ posts · 10k+ votes
10mo
I didn't like the idea with 20 years left. Less than 2 years with a government landlord that says they are not renewing and you're just pre-paying rent. You're not buying anything. I wonder if they'll get a refund of the HOA accounts at the end. I assume it will spend zero the last few months while collecting 100's of thousands.
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Chris SeveneyBusiness Member
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Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
10mo
I wouldn't give a few grand for these never mind $45k
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