Who likes high maintenance fees? Nobody, of course. Healani Gardens' board of directors and owners managed to keep their maintenance fees steady with no increase in 2018.
Here are the monthly fees:
- One bedroom, one bath units with 533 square feet interior - $313.04.
- Two bedroom, two bath units with 815 square feet interior - $462.18.
- Two bedroom, two bath units with 975 square feet interior - $552.26.
I recently read Healani Gardens' Executive Summary and the results are positive. Maintenance fees collected exceed expenses and the reserve fund appears to be getting enough money to pay for future expenditures. That part is very important, when condos and townhomes don't save enough money to their reserves, maintenance fees sometimes increase significantly and in the worst cases special assessments are declared. Owners don't like surprises like that.
Healani Gardens is a great property, hidden away in Kaneohe with easy access to Kailua and the H3 freeway.
Mike Bates (Realtor Associate)
CENTURY 21 iProperties Hawaii
1585 Kapiolani Blvd #1533
Honolulu, HI 96814