Overview
Rare opportunity to buy this 3 story, well-maintained apartment complex with a total of 18 apartment units; six (6) 2 bedroom/1 bath and twelve (12) 1 bedroom/1 bath. Kaneohe Bayview Apartments with stunning views of the ocean, Kaneohe Bay and Ko'olau Mountains! Each unit has an upgraded kitchen with brand name appliances, spacious lanai, assigned parking, and separate electric meter. Well maintained laundry facilities located on each floor. Amenities include exterior security cameras, picnic area and a 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 on approximately 4,524 sqft. (taxed commercially) on the property adjacent to the building's parking lot. 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
- Sold Date
- 09/06/2023
- Sold Price
- $7,120,000
- Construction Materials
- Concrete, Hollow Tile, Single Wall
- Location
- Corner
- Neighborhood
- Mikiola
- Net Operating Income
- 276127.53
- Parking Features
- Assigned
- Parking Total
- 18
- Property Frontage
- Other
- Property Type
- Multi-Family
- Building SqFt
- 11,628
- Total SqFt
- 11,628
- Status
- Sold
- Stories
- 3
- Total Actual Rent
- $29,270
- Total Annual Operating Expenses
- $111,112
- Total Income
- $387,240
- View
- Coastline, Mountain, Ocean
- Year Built
- 1964
Additional Property Info
- Disclosures
- Licensed Owner, Property Disclosure Stmt
- Days on Market
- 132
- Elementary School
- Puohala
- Flood Zone
- Zone D
- High School
- Castle
- Laundry Facilities
- Coin, Dryer, Washer
- Middle/Junior School
- King
- Property Condition
- Above Average
- Roof
- Other
- Tax Amount
- $1,753
- Tax Assessed Value
- $4,458,900
- Tax Assessed Value Improvements
- $793,400
- Tax Assessed Value Land
- $3,665,500
- Topography
- Level
- Utilities
- Gas, Overhead Electricity, Public Water
- Zoning
- 05 - R-5 Residential District
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 2024 by HiCentral MLS, Ltd.
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