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94820 Awanei Waipahu HI 96797 · Neighborhood: Waipahu-Lower · Region: Waipahu · MLS: 1304613 · TMK: 1-9-4-020-034-0000 & History 

Show all 2 photos. Updated 4/25/2013 1:09:19 PM
Expired. It was offered at $4,500,000 FS
Location
Type: Multi Family Home
Region: Waipahu
Neigh: Waipahu-Lower
94820 Awanei
Waipahu HI 96797
Area
Building sf:24,000
Land sf:45,738
Land acres:1.050
Other
Parking:40
Built:1962
Remodeled:
Furnished:
Elevators:0
Rooms
Studios:0
1 Bedroom Units:0
2 Bedroom Units:40
3 Bedroom Units:0
Com space:0
Total Units:40
Financials
Rental Income:550,200
Expenses:(253,099)
Net Operating Income:315,101
Other Income:18,000
Total Income:568,200
Remarks
Seller:Price is only 7.9 times current income, and only $187.50/square foot of rentable space. A 6.4 cap on real numbers, and the leveraged return on a down payment could be more than 10%! 40 two-bedrooms, 40 parking, an acre of FS land, and only 0.3 miles from the planned commuter rail station. Located at the back of a single-family neighborhood by the Ted Makalena golf course.
Property Features
Amenities
None

Building Type
Apartments

Condition
Average

Construction
Hollow Tile
Single Wall

Disclosures
1031 Exchange

Documents

Easements
Other

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

Frontage

Furnished

Land Recorded
Land Court

Laundry
Coin
Dryer
Leased Equipment
Washer

Land Tenure
FS - Fee Simple

Lessee Pays
Electricity

Listing Broker
Ted Miller

Location
Lot Description
Clear

Meters
Electric

Parking Guest
None

Parking Tenant
Assigned
Possession
Close of Escrow

Recreation Facility
None

Roof
Composition

Sale Conditions
None

Set Backs
Of Record
Sewer
Connected

Stories
Two

Terms Offered
Conventional

Terms Sold

Topography
Level

Utilities
Connected

View
None

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: 2012Assessed
Land2,675,700
Improvement1,191,400
Exemption0
Total3,867,100
Monthly Tax6,476
0 Days on MarketKey DatesPricing
Year Built:1962
Original List:4,500,000 FS
Listed:4/25/20134,500,000 FS
Advertise:
Auction:
Price change:
Temp off Market:
Off Market:6/25/2013
Temp withdrawn:
Withdrawn:
Back on Market:4/25/2013
Status change:6/26/2013
Last Modified:6/26/2013
Contingency:4/25/2013
Pending:4/25/2013
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

skype

 
© Hawaii Home + Commercial LLC ® +1 (808) 358-1774 Email: glassr@hawaiihome.cc · Oahu Real Estate Brokerage · Equal Opportunity Housing · Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. IDX information is provided exclusively for consumers` personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the information is deemed reliable but not guaranteed. © 2013 by HiCentral MLS, Ltd.

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