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735 Kihapai Kailua HI 96734 · Neighborhood: Coconut Grove · Region: Kailua · MLS: 201405930 · TMK: 1-4-3-058-048-0000 & History 

Show all 4 photos. Updated 4/9/2014 10:23:34 AM
Withdrawn. Last listed for $4,750,000 FS
Location
Type: Multi Family Home
Region: Kailua
Neigh: Coconut Grove
735 Kihapai
Kailua HI 96734
Area
Building sf:0
Land sf:38,992
Land acres:0.895
Other
Parking:12
Built:1960
Remodeled:
Furnished:
Elevators:0
Rooms
Studios:0
1 Bedroom Units:0
2 Bedroom Units:12
3 Bedroom Units:0
Com space:0
Total Units:12
Financials
Rental Income:180,000
Expenses:(50,000)
Net Operating Income:130,000
Other Income:0
Total Income:180,000
Remarks
Seller:Subject property is made up of five (5) contiguous A-2 Apartment zoned parcels totaling 38,992 square feet of land. TMK: (1) 4-3-58-46, 47, 48, 49 & 65. Three parcels are unimproved level grade lots and two have existing improvements. Parcel 46 is improved with a 2 story wood frame apartment bldg. consisting of 8- 2 bedroom units constructed in 1960. Parcel 49 is improved with 2 wood frame duplex units constructed in 1956. This is a perfect development and redevelopment investment opportunity for a multi-unit apartment complex. Pro-forma income and expense listed for improved lots.
Property Features
Amenities
None

Building Type
Apartments
Duplex

Condition
Fair

Construction
Wood Frame

Disclosures
1031 Exchange

Documents

Easements
Drainage
Electric
Telephone

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

Frontage
Conservation
Stream/Canal

Furnished
Partial

Land Recorded
Land Court

Laundry
None

Land Tenure
FS - Fee Simple

Lessee Pays
AC
Cable TV
Electricity
Gas

Listing Broker
MC Realty Advisors

Location
Lot Description
Clear

Meters
Electric
Gas

Parking Guest
None

Parking Tenant
Open
Possession
At Closing

Recreation Facility
None

Roof
Asphalt Shingle

Sale Conditions
None

Set Backs
CandC
Sewer
Connected

Stories
Two

Terms Offered
Cash

Terms Sold

Topography
Level

Utilities
Public 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: 2014Assessed
Land2,907,500
Improvement396,900
Exemption0
Total3,304,400
Monthly Tax939
91 Days on MarketKey DatesPricing
Year Built:1960
Original List:4,750,000 FS
Listed:4/8/20144,750,000 FS
Advertise:
Auction:
Price change:4/9/2014
Temp off Market:
Off Market:7/8/2014
Temp withdrawn:
Withdrawn:7/8/2014
Back on Market:
Status change:7/8/2014
Last Modified:7/8/2014
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

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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