Wednesday, June 20, 2012
Lanikea's Association Dues - what a rip off!
Recently I was comparing the amenities and homeowners association dues between a couple of luxury condo properties we own, one in HI and one in AZ. The property in Hawaii (Lanikea) has the following amenities: (1) pool, (2) Jacuzzi, and (3) the BBQ area. The property in Arizona (Parkside - pic below) has: (1) pool, (2) Jacuzzi, (3) the BBQ area, (4) volleyball courts, (5) million-dollar clubhouse, (6) private movie theater, and (7) gym. Here are the Association dues: Lanikea $891.59, Parkside $195.00. Wow!
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3 comments:
Granted, HI is not AZ, but amenities are amenities. Even looking at other similar properties in HI, Lanikea's amenities are quite marginal for the dues we are paying.
there are only 100 units at the Lanikea. How big is the Az property? that could account for some of the difference.agree the dues here are high.
The AZ property has 192 units, the dues have not been increased since 2007.
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