Waimalu Multi-Family

98-095 Kanuku Place, Aiea, Oahu 96701 Get Directions

SOLD

 

Total SqFt
3,600
Lot Size Area
6,384 SqFt
Land Tenure
Fee Simple
MLS #
202125564
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Overview

5.72% cap rate return on ACTUAL INCOME AND EXPENSES. Rarely available apartment building in desirable excellent location with excellent access to Pearlridge and coming rail station. Solid investment with proven return, seasoned rents, and better than 1:1 parking. All units are separately metered and have their own full-sized washer dryers, and 2 coin machines, all owned. Hollow tile 2 story with concrete roof. Electric updated to 90amps; surveillance system. See matterport for 2 units showing. No showings without an accepted offer.

Property Details

Building Type
Apartments, Multi Dwellings
Sold Date
02/25/2022
Sold Price
$1,798,000
Construction Materials
Hollow Tile
Furnished
Partial
Location
Cul-De-Sac, Inside
Neighborhood
Waimalu
Net Operating Income
96530.00
Number Of Units Total
6
Parking Features
Assigned, Open
Parking Total
10
Property Type
Multi-Family
Building SqFt
3,600
Total SqFt
3,600
Status
Sold
Stories
2
Total Actual Rent
$9,843
Total Annual Operating Expenses
$21,585
Total Income
$118,115
Year Built
1961
Year Remodeled
2021

Additional Property Info

Disclosures
1031 Exchange
Days on Market
14
Flood Zone
Zone X
Laundry Facilities
Coin, Dryer, Individual
Property Condition
Excellent
Roof
Other
Tax Amount
$372
Tax Assessed Value
$1,275,100
Tax Assessed Value Improvements
$253,700
Tax Assessed Value Land
$1,021,400
Topography
Level
Utilities
Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Zoning
12 - A-2 Medium Density Apartme

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Listing Courtesy of Commercial Inv. Strategies Courtesy of Christina L Dwight, Commercial Inv. Strategies.
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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