Ala Moana Multi-Family

1909 Kahakai Drive, Honolulu, Oahu 96814 Get Directions

SOLD

 

Total SqFt
10,458
Lot Size Area
11,728 SqFt
Land Tenure
Fee Simple
MLS #
201818963
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Overview

AMAZING opportunity to own a beautifully-renovated hollow tile building less than 1 block from the highest grossing mall in America: Ala Moana Shopping Center. Just outside Waikiki and less than a block from the Hawaii Convention Center, it's no wonder there's very little vacancy for this pristine building. Current management up-charges for parking, pets, and tenants reimburse their water, making the expenses for ownership lower than usual. Tenants individually metered for electric.

Property Details

Building Type
Apartments, Multi Dwellings
Sold Date
10/30/2018
Sold Price
$8,050,000
Construction Materials
Concrete, Hollow Tile
Furnished
Partial
Location
Corner, Cul-De-Sac
Neighborhood
Ala Moana
Net Operating Income
387950.93
Number Of Units Total
33
Parking Features
Assigned
Parking Total
15
Property Type
Multi-Family
Building SqFt
10,458
Total SqFt
10,458
Status
Sold
Stories
3
Total Actual Rent
$42,554
Total Annual Operating Expenses
$165,885
Total Income
$553,836
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City
Year Built
1951
Year Remodeled
1980

Additional Property Info

Active Continue To Show Date
08/23/2018
Disclosures
1031 Exchange
Days on Market
11
Flood Zone
Zone AE
Laundry Facilities
Coin
Property Condition
Excellent
Roof
Other
Tax Amount
$667
Tax Assessed Value
$2,287,800
Tax Assessed Value Improvements
$835,100
Tax Assessed Value Land
$1,452,700
Topography
Level
Utilities
Cable
Zoning
12 - A-2 Medium Density Apartme

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Listing Courtesy of Commercial Inv. Strategies Courtesy of Christina L Dwight, Commercial Inv. Strategies.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2024 by HiCentral MLS, Ltd.

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