Ala Moana Multi-Family

$8,495,000

Total SqFt

10,458

Lot Size Area

11,728 SqFt

Land Tenure

Fee Simple

MLS #

202023570

Overview

Back on the Market. Prime, Prime Location. Opportunity usually does not come a 2nd time. Fell out of escrow and ready for lucky investor. Huge 4.5% CAP rate !!!. Next to Hawaii Convention Center and "World Famous" Ala Moana Shopping Center. Long term tenants. Call or email for financials and bring your offers.

Property Details

Building Type: Apartments, Multi Dwellings
Construction Materials: Concrete, Hollow Tile
Location: Corner, Cul-De-Sac
Neighborhood: Ala Moana
Net Operating Income: 398109.00
Number Of Units Total: 33
Parking Features: Assigned
Parking Total: 15
Property Type: Multi-Family
Building SqFt: 10,458
Total SqFt: 10,458
Status: Active
Stories: 3
Total Actual Rent: $43,000
Total Annual Operating Expenses: $117,524
Total Income: $515,633
View: City
Year Built: 1951
Year Remodeled: 2000

Additional Property Info

Disclosures: 1031 Exchange
Flood Zone: Zone AE
Property Condition: Excellent
Roof: Other
Tax Amount: $822
Tax Assessed Value: $2,845,500
Tax Assessed Value Improvements: $1,317,800
Tax Assessed Value Land: $1,527,700
Topography: Level
Utilities: Cable
Zoning: 12 - A-2 Medium Density Apartme

Location (Also shows similar listings) Get Directions

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Listing Courtesy of Island Prime Properties LLC Courtesy of Mirko K Manfredi, Island Prime Properties LLC.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2020 by HiCentral MLS, Ltd.

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