540 Iolani Honolulu HI 96813 · Neighborhood: Punchbowl Area · Region: Metro · MLS: 1114393 · TMK: 1-2-2-004-058-0000 & History 

Show all 20 photos. Updated 12/7/2011 5:12:29 PM
Expired. It was offered at $3,500,000 FS
Location
Type: Multi Family Home
Region: Metro
Neigh: Punchbowl Area
540 Iolani
Honolulu HI 96813
Area
Building sf:8,784
Land sf:11,561
Land acres:0.265
Other
Parking:6
Built:1957
Remodeled:
Furnished:
Elevators:0
Rooms
Studios:0
1 Bedroom Units:18
2 Bedroom Units:0
3 Bedroom Units:0
Com space:0
Total Units:18
Financials
Rental Income:180,470
Expenses:(68,112)
Net Operating Income:115,182
Other Income:2,824
Total Income:183,294
Remarks
Seller:18-1 Bedroom units. Punchbowl area. Fully occupied. Sold 'as-is'. Near public transportation. 6 parking stalls, picnic and bbq area. Coin operated W/D W/40/60 split
Property Features
Amenities
None

Building Type
Apartments

Condition
Average

Construction
Concrete
Masonry/Stucco

Disclosures
None

Documents

Easements
Electric
Sewer
Water

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

Frontage
Other

Furnished
Partial

Land Recorded
Regular System

Laundry
Coin
Dryer
Individual
Leased Equipment
Washer

Land Tenure
FS - Fee Simple

Lessee Pays
Cable TV
Electricity

Listing Broker
Drake Properties, Inc.

Location
Lot Description
Irregular

Meters
Electric
Individual

Parking Guest
None

Parking Tenant
Assigned
Possession
Close of Escrow

Recreation Facility
None
Other

Roof
Aluminum/Steel
Other

Sale Conditions
None

Set Backs
CandC
Sewer
Connected

Stories
Two

Terms Offered
Cash
Conventional

Terms Sold

Topography
Level

Utilities
Cable
Internet
Overhead Electricity
Public Water
Sewer Connection Reqd
Telephone
Underground Electricity
Water

View
City
Ocean
Other
Sunset

Zoning
More Information
Contact listProp Mgt
Management Company:Drake Properties
Management Company Phone:261-4677
 
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
Land1,687,800
Improvement578,700
Exemption0
Total2,266,500
Monthly Tax7,933
4,927 Days on MarketKey DatesPricing
Year Built:1957
Original List:3,500,000 FS
Listed:12/7/20113,500,000 FS
Advertise:
Auction:
Price change:
Temp off Market:
Off Market:5/20/2012
Temp withdrawn:
Withdrawn:
Back on Market:
Status change:5/20/2012
Last Modified:5/20/2012
Contingency:
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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