Have you been looking for an established apartment building with overflowing investment potential and an unparalleled location? Youre 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 Features
Bathrooms
Appliances
- Dryer
- Washer
- Laundry Features: Coin-operated
Land Info
- Lot Description: Cleared, Level
- Lot Size Acres: 0.3191001
- Topography: Level
- Lot Size Square Feet: 13900
Garage and Parking
- Open Parking: Yes
- Parking Features: Assigned, Covered, Open
- Parking Total: 42
Home Features
Homeowners Association
- Association Amenities: Management
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
Multi-Unit Info
Rental Info
- Tenant Pays: Cable TV, Electricity
Amenities and Community Features
- Community Features: Trash Chute
Other Property Info
- Annual Tax Amount: 19560.00
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: MOILIILI
- Parcel Number: 1-2-8-001-037-0000
- Postal City: Honolulu
- Subdivision: MOILIILI
- Zoning Description: 17 - AMX-2 Medium Density Apt M
- Property Subtype: Multi Family
- Source System Name: C2C
Commercial Info
- Net Operating Income: 174898
- Operating Expense: 242755
- Operating Expense Includes: Insurance, Manager, Maintenance, Real Estate Tax, New Tax, Water/Sewer
Building and Construction
- Year Built: 1973
- Construction Materials: Concrete
- Levels: Three Or More
- Property Age: 52
- Property Condition: Good Condition
- Structure Type: Apartment
Utilities
- Sewer: Connected
- Above Ground Utilities
- Cable Available
- Electricity Available
- Natural Gas Available
- High Speed Internet Available
- Phone Available
- Water Available
- Sewer Connected
- Water Source: Public