20-Unit Apartment Building - Centrally located across Iolani School

568 Kamoku Street, Honolulu, Oahu 96826 Get Directions

SOLD: $5,200,000

 

Total SqFt
3,733
Lot Size Area
12,049 SqFt
Land Tenure
Fee Simple
MLS #
201919692
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Overview

Great Potential for this 20-unit, mostly CMU block + brick constructed buildings that are centrally located across from Iolani School. Well cared for by the same family for many years, and only casually managed. Average rents for the area are higher than current rents. This property could provide an attractive cap rate with some simple improvements added and increased occupancy. Conveniently located within walking distance to Waikiki, Restaurants, Stores and bus lines.

Property Details

Building Type
Apartments
Sold Date
09/27/2019
Sold Price
$5,200,000
Construction Materials
Brick, Double Wall, Hollow Tile, Single Wall, Slab
Furnished
Partial
Location
Inside
Neighborhood
Kapiolani
Number Of Units Total
20
Parking Features
Open
Parking Total
9
Property Type
Multi-Family
Building SqFt
3,733
Total SqFt
3,733
Status
Sold
Stories
2
View
City, Marina/Canal, Mountain, Sunset
Year Built
1948

Additional Property Info

Active Continue To Show Date
07/30/2019
Disclosures
Property Disclosure Stmt
Days on Market
11
Elementary School
Waikiki
Flood Zone
Zone X
High School
Kalani
Laundry Facilities
Coin
Middle/Junior School
Kaimuki
Property Condition
Excellent
Roof
Other
Tax Amount
$805
Tax Assessed Value
$2,759,500
Tax Assessed Value Improvements
$393,500
Tax Assessed Value Land
$2,366,000
Topography
Level
Utilities
Cable, Internet, Overhead Electricity, Public Water, Telephone
Zoning
13 - A-3 High Density Apartment

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Listing Courtesy of Hawaii Life Courtesy of Julianna Garris, Hawaii Life.
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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