This conveniently located property is offered for sale for the first time ever. Lovingly maintained and boasting market-leading features and amenities, this all-concrete building has low average in place rents of $1, 304 per month. The property offers 15 covered parking stalls, a desirable unit mix with large floor plans, and lanais for every unit some exceptionally spacious. Many units have been upgraded with tile or LVT flooring. Each unit is equipped with washer/dryer hookups, and residents also enjoy the convenience of on-site coin-operated laundry, as well as breezy trade winds and nice views. Additional income potential is provided by five storage units. Combining tenant appeal with strong fundamentals, this property is a rare opportunity to secure a high-quality, long-term investment.
Property Features
Bathrooms
Appliances
- Laundry Features: Coin-operated
Land Info
- Lot Description: Level
- Lot Size Acres: 0.1652893
- Topography: Level
- Lot Size Square Feet: 7200
Garage and Parking
- Parking Features: Assigned
- Parking Total: 15
Home Features
School Information
- Elementary School: Ala Wai
- High School: Kaimuki
- Middle School: Washington
Homeowners Association
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
Multi-Unit Info
Rental Info
Amenities and Community Features
- Community Features: Storage Facilities
Other Property Info
- Annual Tax Amount: 8868.00
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: MOILIILI
- Parcel Number: 1-2-7-005-015-0000
- Postal City: Honolulu
- Subdivision: MOILIILI
- Zoning Description: 12 - A-2 Medium Density Apartme
- Property Subtype: Multi Family
- Source System Name: C2C
Commercial Info
- Net Operating Income: 146829
- Operating Expense: 73875
- Operating Expense Includes: Insurance, Manager, Maintenance, Real Estate Tax, New Tax, Water/Sewer
Building and Construction
- Year Built: 1965
- Building Area Total: 9756
- Construction Materials: Hollow Tile
- Levels: Three Or More
- Property Age: 60
- Property Condition: Good Condition
- Structure Type: Apartment
- Total Area Sqft: 9756
Utilities
- Sewer: Connected
- Above Ground Utilities
- Electricity Available
- Sewer Available
- Water Available
- Sewer Connected