$2,000,000
142 Lakeview Cir, Wahiawa, HI 96786
- -Bed
- -Bath
- -SqFt
- -Bed
- -Bath
- -SqFt
- Property TypeCondo
- Year Built1974
- On highrises94 Days
Property Details
Discover a rare opportunity to own an 11-unit apartment building in the highly desirable Wilikina area. Perfectly designed for income generation, this property features eleven 1-bedroom units, each with a dedicated parking stall, offering convenience and appeal to tenants. Recent upgrades in 2023, including a new roof and fresh exterior paint, enhance the building's curb appeal and long-term durability. A coin-operated community laundry area on the ground floor provides an additional revenue stream. Conveniently located near schools, shopping centers, restaurants, and highways, this property ensures ease of access for residents while maintaining strong rental demand. Whether you're starting your investment journey or expanding an existing portfolio, this property is a must-see! Current income and expenses reflect 9 rented units, leaving room for even greater earning potential. Net income of $122, 700 for 10 units with CAP rate about 6.13% (1 unit is Resident Manager stays free rent). Schedule a viewing today and take the first step toward securing your future income!
Property Features
Bathrooms
- Total Bathrooms: 0
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Lao Vincent
- state license#RB-18181
- Brokered by:
- Five Star Realty, Inc.
- (808) 688-7068