Mikiola Multi-Family

44-707 Puamohala Street, Kaneohe, Oahu 96744 Get Directions

$7,950,000

 

Total SqFt
11,628
Lot Size Area
22,105 SqFt
Land Tenure
Fee Simple
MLS #
202202748
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Overview

Kaneohe Bayview Apartments with ocean, Kaneohe Bay and Ko’olau Mountain Views! Rare opportunity to buy this 3 story, well-maintained apartment complex with a total of 18 units; six (6) 2 bedroom/1 bath and twelve (12) 1 bedroom/1 bath. Each unit has an upgraded kitchen with name brand appliances, spacious lanai, assigned parking and separate electric meter. Well maintained laundry facilities located on each floor. Recent improvements have been made to the roof, walkways, railings, lanai, concrete spalling, and exterior/interior painting improved and updated as needed. Amenities include exterior security cameras, picnic area and a new, rebuilt and renovated swimming pool and deck. Conveniently located near H-3 freeway, Kaneohe Marine Corps Base, public transportation, shopping and grocery stores. Island’s Best Auto leases an area of approximately 4,524 sqft. (taxed commercial) on the property adjacent to tenants parking. Sold as is with no guarantees or warranties, expressed or implied, other than existing roof and swimming pool warranties.

Property Details

Amenities
Resident Manager
Building Type
Apartments
Number of Commercial Spaces
1
Construction Materials
Concrete, Hollow Tile, Single Wall
Location
Corner
Neighborhood
Mikiola
Net Operating Income
147399.46
Number Of Units Total
18
Parking Features
Assigned, Open
Parking Total
18
Property Frontage
Other
Property Type
Multi-Family
Building SqFt
11,628
Total SqFt
11,628
Status
Active
Stories
3
Total Actual Rent
$28,420
Total Annual Operating Expenses
$229,640
Total Income
$377,040
View
Coastline, Mountain, Ocean
Year Built
1964

Additional Property Info

Disclosures
Lender Approval Required, Licensed Owner, Property Disclosure Stmt
Days on Market
199
Elementary School
Puohala
Flood Zone
Zone D
High School
Castle
Laundry Facilities
Dryer, Washer
Middle/Junior School
King
Property Condition
Above Average
Roof
Other
Tax Amount
$1,694
Tax Assessed Value
$4,263,900
Tax Assessed Value Improvements
$844,500
Tax Assessed Value Land
$3,419,000
Topography
Level
Utilities
Gas, Overhead Electricity, Public Water
Zoning
05 - R-5 Residential District

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Listing Courtesy of Coldwell Banker Realty Courtesy of Bobbin Tabalno, Coldwell Banker Realty.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2022 by HiCentral MLS, Ltd.

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