1315 School Honolulu HI 96817 · Neighborhood: Kapalama · Region: Metro · MLS: 1113998 · TMK: 1-1-6-005-022-0000 & History 

Show all 10 photos. Updated 11/25/2011 4:16:12 PM
Expired. It was offered at $2,399,000 FS
Location
Type: Multi Family Home
Region: Metro
Neigh: Kapalama
1315 School
Honolulu HI 96817
Area
Building sf:10,564
Land sf:8,468
Land acres:0.194
Other
Parking:16
Built:1964
Remodeled:
Furnished:
Elevators:0
Rooms
Studios:0
1 Bedroom Units:4
2 Bedroom Units:8
3 Bedroom Units:1
Com space:2
Total Units:15
Financials
Rental Income:213,864
Expenses:(62,688)
Net Operating Income:157,176
Other Income:6,000
Total Income:219,864
Remarks
Seller:This masonry building w/15 LARGE units consisted of 8-2 bedroom, 4-1 bedroom, 1-3 bedroom, 2-commercial space & 16 parkings! Sale includes TMK 1-1-6-5-61 (392 sq ft). Coin laundry for extra income! Conveniently in town location near Kam SC! Owners spent about $200K upgraded most units & including plumbing upgraded! DON'T bother tenants. NOI 6.55%
Property Features
Amenities
None

Building Type
Apartments

Condition
Above Average

Construction
Concrete
Masonry/Stucco

Disclosures
1031 Exchange

Documents
Inventory
Lease Documents
Survey

Easements
Other

Expense Income
Excise Tax
Insurance
Property Tax
Repair Maintenance
Sewer Fee
Fee

Frontage

Furnished
Partial

Land Recorded
Regular System

Laundry
Coin

Land Tenure
FS - Fee Simple

Lessee Pays
Cable TV
Electricity

Listing Broker
Five Star Realty, Inc.

Location
Lot Description
Clear
Irregular

Meters
Electric
Gas
Individual
Water

Parking Guest
<10 Spaces

Parking Tenant
Assigned
Covered
Open
Unassigned
Possession
Subject To Tenancy

Recreation Facility
None

Roof
Pitch & Gravel

Sale Conditions
None

Set Backs
CandC
Of Record
Sewer
Connected

Stories
Three

Terms Offered
Cash
Conventional

Terms Sold

Topography
Gentle Slope

Utilities
Connected
Gas
Public Water
Telephone
Water

View
Mountain

Zoning
More Information
Contact listProp Mgt
Management Company:Five Star Realty
Management Company Phone:
 
About LeaseholdLease Info
Lessor:
Renegotiation:
Lease expires:
Compare Fee Simple to Leasehold to Rent
 
Sample LH DisclosureRent per monththrough
Current:00
Step 1:00
Rates Real Property Tax
Tax year: 2011Assessed
Land1,090,700
Improvement845,700
Exemption0
Total1,936,400
Monthly Tax22,086
308 Days on MarketKey DatesPricing
Year Built:1964
Original List:2,699,000 FS
Listed:11/25/20112,399,000 FS
Advertise:
Auction:
Price change:8/13/2012
Temp off Market:
Off Market:
Temp withdrawn:
Withdrawn:
Back on Market:9/28/2012
Status change:11/25/2012
Last Modified:2/18/2013
Contingency:9/28/2012
Pending:
Conditional:
Sold:0 FS
Concessions:(0)  
Net SP:0 FS
Representation, Questions & Additional Information
If you are already working with an agent, please contact them directly for more information on this Multi Family Home listing.
If you would like to work with a pro, contact:
Robin Glass, (R), PB, MBA
Hawaii Home + Commercial LLC
☎ 808-358-1774
glassr@hawaiihome.cc

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