Overview
Have you been looking for an established apartment building with overflowing investment potential and an unparalleled location? Youâre in luck! This 42-unit apartment building is perfectly situated in the coveted historic neighborhood of Moiliili close to many restaurants, stores, schools, Kapiolani Medical Center (0.6-miles), Ala Moana Center (0.9-miles), University of Hawaii at Manoa (1.1-miles), and Downtown Honolulu (2.1-miles). Equipped with a gated lower-level parking lot and an upper-level parking lot, this building features 42 1BR/1BA units, 1:1 parking ratio, solid concrete construction, keyed elevator, trash chutes on each level, and a secured community laundry room with 4 washers and 4 dryers. Other considerations include separate electric meters, lovely views, loading zone area, and much more! Call now to find out more about adding this building to your investment portfolio! NOI is actual with many under market rent units. Please contact Listor with additional questions and interior showings will be subjected to accepted offer. Please submit offers on the Commercial Purchase and Sale Agreement form. DO NOT DISTURB tenants.
Property Details
- Amenities
- Resident Manager, Trash Chute
- Building Type
- Apartments
- Construction Materials
- Concrete
- Neighborhood
- Moiliili
- Net Operating Income
- 174898.00
- Number Of Units Total
- 42
- Parking Features
- Assigned, Covered, Open
- Parking Total
- 42
- Property Type
- Multi-Family
- Status
- Active
- Total Actual Rent
- $34,655
- Total Annual Operating Expenses
- $242,755
- Total Income
- $417,653
- View
- City, Mountain
- Year Built
- 1973
Additional Property Info
- Days on Market
- 9
- Flood Zone
- Zone X
- Laundry Facilities
- Coin, Dryer, Washer
- Property Condition
- Above Average
- Roof
- Other
- Tax Amount
- $1,630
- Tax Assessed Value
- $5,586,900
- Tax Assessed Value Improvements
- $2,493,000
- Tax Assessed Value Land
- $3,093,900
- Topography
- Level
- Utilities
- Cable, Gas, Internet, Overhead Electricity, Public Water, Telephone, Water
- Zoning
- 17 - AMX-2 Medium Density Apt M
Courtesy of Derek C Lau, Real Estate Specialists.
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.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
