Savio wins bid to buy Iroquois Point from Hunt

Oct 20, 2011 Full story: Business Journal 12

Hawaii developer Peter Savio plans to sell the 1960s-era homes in the former Navy housing subdivision at Iroquois Point for $30,000 to $70,000 less than market prices.

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Patti

Fenton, MO

#1 Oct 22, 2011
That is cheap. I lived in Iroquois Pt. Navy Housing. I lived by the tennis courts in what had been officer housing after the Navy built housing on the beach.
The enlisted housing blocks, lined with monkeypod trees, had problems with those huge roaches coming out of the monkeypod trees.
The structures are flimsy.
Why are they selling it for under market value?
Curious

Troy, MO

#2 Oct 23, 2011
I'm moving to the area this Summer. I have only read negative reviews of Iroquois Point but the price is tempting. I take it the negative reviews: poor maintenance, loud, etc. are accurate?
Patti

United States

#3 Oct 24, 2011
Curious wrote:
I'm moving to the area this Summer. I have only read negative reviews of Iroquois Point but the price is tempting. I take it the negative reviews: poor maintenance, loud, etc. are accurate?
The Navy maintained it when I lived there, they were fastidious. The units on Iroquois across from the tennis court and the lagoon were gutted and remodeled in 1982. I nevet noticed anything louder that being under the approach path for Hickham and Honolulu Int'l.
I liked it there except for air traffic and NIS...
Harry is haole

Ewa Beach, HI

#4 Oct 25, 2011
Curious wrote:
I'm moving to the area this Summer. I have only read negative reviews of Iroquois Point but the price is tempting.
Resist the temptation. Iroquois Point is well known as the section 8 welfare resort. Tenants are largely felons, child molesters, welfare queens with 6 unruly brats running amok, and most are druggies, despite 24 hour security patrols. Very high eviction and turnover rate, People go there as a last stop before being homeless on the beach. Many units will have five cars parked along the roadside, and fifteen people living in one unit due to their being banned from everyplace else. Never-ending loud domestic disputes. Your vehicle will be vandalized, and anything not welded to the floor will be stolen. Maybe Savio taking over will make a difference, maybe not.
Patti

United States

#5 Oct 25, 2011
Harry is haole wrote:
<quoted text> Resist the temptation. Iroquois Point is well known as the section 8 welfare resort. Tenants are largely felons, child molesters, welfare queens with 6 unruly brats running amok, and most are druggies, despite 24 hour security patrols. Very high eviction and turnover rate, People go there as a last stop before being homeless on the beach. Many units will have five cars parked along the roadside, and fifteen people living in one unit due to their being banned from everyplace else. Never-ending loud domestic disputes. Your vehicle will be vandalized, and anything not welded to the floor will be stolen. Maybe Savio taking over will make a difference, maybe not.
Sad to hear Iroquois Pt has gone so downhill....places to avoid...that is where I lived with my firstborn, where I brought her home from the hospital. Maybe I should move to Maui
Curious

Troy, MO

#6 Oct 25, 2011
Ok, well Iroquois Point is out then. Any recommendations around Ewa Beach?
Harry is haole

Ewa Beach, HI

#7 Oct 25, 2011
Depends on what you're looking for and your budget. There are many new yuppy-type no-yard townhouses for rent as the area has been saturated with new housing the last few years. Or, you can find rentals with yards in old Ewa Beach. There is no rental shortage, it's up to you. They run from about $1,200 to around $2200, depending on what you like.
SAHM living in Iroquois P

Ewa Beach, HI

#8 Oct 27, 2011
Curious wrote:
I'm moving to the area this Summer. I have only read negative reviews of Iroquois Point but the price is tempting. I take it the negative reviews: poor maintenance, loud, etc. are accurate?
Just thought I'd give another opinion. We moved in a couple weeks ago and love it here. We had many options for housing (it was anything but a last resort for us as a previous poster claimed the tenants are, we could have been anywhere and paid much more), we are a nice hardworking family, we are college graduates and chose this because of the beach access and family environment. We live near the beach in what we've been told was former officer housing (it is one of the renovated homes).
Since being here we've found it to be peaceful, friendly and full of nice families. On the weekends we see dads playing catch with their children, families having birthday parties in the pavilions and during the week you see moms in playgroups/stroller stride groups/etc. It's like Midwestern suburbia on the beach. I have not met any of people op described. I have met alot of hardworking military families with SAHMs, families of federal employees, and other educated people that happily chose this community. The one time we contacted maintenance, the office manager went above and beyond to help us.
Living at Iroquois

Brooklyn, NY

#9 Nov 2, 2011
I can tell you that I am not happy about the sale. I was planning on continuing to live here while the husband deploys. Now I am uncertain. It would have been nice for management to tell tenants that there is that possibly coming up in the near future. I do not want to be left scrambling for a place to live while my husband is overseas.
Joe Balls

Ewa Beach, HI

#10 Nov 2, 2011
Living at Iroquois wrote:
I can tell you that I am not happy about the sale. I was planning on continuing to live here while the husband deploys. Now I am uncertain. It would have been nice for management to tell tenants that there is that possibly coming up in the near future. I do not want to be left scrambling for a place to live while my husband is overseas.
I doubt they will do anything to existing tenants. It might even improve.
Deline

Oklahoma City, OK

#11 Jan 17, 2012
Who is the contact to purchase a house there? I like the neighborhood.
Stumpy

Honolulu, HI

#12 Jan 17, 2012
Deline wrote:
Who is the contact to purchase a house there? I like the neighborhood.
It is in the process of changing hands right now. They've been trying to sell the place but buyers keep backing out at the last miunute because of restrictions. I don't think you'll find anything for sale there, the developers want to rent them out. Last price I've heard banging around is 330 Million.

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