1841 Palolo Honolulu HI 96816 · Neighborhood: Palolo · Region: Diamond Head · MLS: 1206726 · TMK: 1-3-3-039-007-0000 & History 

Show all 5 photos. Updated 6/15/2012 3:29:28 PM
Expired. It was offered at $3,390,000 FS
Location
Type: Multi Family Home
Region: Diamond Head
Neigh: Palolo
1841 Palolo
Honolulu HI 96816
Area
Building sf:6,750
Land sf:12,480
Land acres:0.287
Other
Parking:18
Built:1969
Remodeled:
Furnished:
Elevators:0
Rooms
Studios:0
1 Bedroom Units:9
2 Bedroom Units:9
3 Bedroom Units:0
Com space:0
Total Units:18
Financials
Rental Income:186,000
Expenses:(55,000)
Net Operating Income:128,000
Other Income:0
Total Income:183,000
Remarks
Seller:Superb investment opportunity for 18 units (9 1-bdrm./9 2-bdrm.) 12,480 sf land area with all-concrete structure, 18 prkg. stalls. Projected '12 gross rents approx. $183000, NOI approx. $128000. Property behind Aloha Gas. Do not bother tenants. Seller to do IRC 1031 Exchange, property already chosen. Make offer, subject to inspection upon accepted offer. 'As is'. One unit vacant for showing.
Property Features
Amenities
Other

Building Type
Apartments

Condition
Excellent

Construction
Concrete
Hollow Tile

Disclosures
1031 Exchange
Property Disclosure Stmt

Documents

Easements
Egress
Ingress

Expense Income
Mgmt Fee
Other
Repair Maintenance
Fee

Frontage
Other

Furnished

Land Recorded
Land Court

Laundry
Individual

Land Tenure
FS - Fee Simple

Lessee Pays
Cable TV
Electricity
Gas
Other

Listing Broker
Quality Properties

Location
Lot Description
Flag Lot

Meters
Electric
Gas
Water

Parking Guest
10+ Spaces

Parking Tenant
Assigned
Open
Possession
Subject To Tenancy

Recreation Facility
None

Roof
Other

Sale Conditions
Subject To Replacement Property

Set Backs
Of Record
Sewer
Connected

Stories
Three

Terms Offered
Cash
Conventional
Exchange
Open

Terms Sold

Topography
Level

Utilities
Cable
Gas
Internet
Other
Overhead Electricity
Public Water
Telephone
Water

View
Mountain

Zoning
More Information
Contact listProp Mgt
Management Company:
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
Land1,585,000
Improvement908,700
Exemption0
Total2,493,700
Monthly Tax8,722
4,736 Days on MarketKey DatesPricing
Year Built:1969
Original List:3,650,000 FS
Listed:6/15/20123,390,000 FS
Advertise:
Auction:
Price change:10/5/2012
Temp off Market:
Off Market:6/14/2013
Temp withdrawn:
Withdrawn:
Back on Market:3/6/2013
Status change:6/15/2013
Last Modified:6/15/2013
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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