94820 Awanei Waipahu HI 96797 · Neighborhood: Waipahu-Lower · Region: Waipahu · MLS: 2512635 · TMK: 1-9-4-020-034-0000 & History 

Show all 3 photos. Updated 11/9/2005 10:24:00 AM
Expired. It was offered at $4,395,000 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:2004
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:432,000
Expenses:(153,310)
Net Operating Income:277,370
Other Income:12,000
Total Income:444,000
Remarks
Seller:Owner is motivated; bring all offers for the best cash flow on Oahu! Forty two-bedroom apartment homes in excellent condition. Most have new kitchens/baths, flooring, etc! Rents are below market, yet the asking price is under 10 times the current gross scheduled income!
Property Features
Amenities
A/C

Building Type
Apartments

Condition
Above Average

Construction
Hollow Tile
Wood Frame

Disclosures
1031 Exchange
Non Resident Owner
Property Disclosure Stmt

Documents

Easements
None

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

Frontage

Furnished

Land Recorded
Land Court

Laundry
Coin
Dryer
Washer

Land Tenure
FS - Fee Simple

Lessee Pays

Listing Broker
Ted Miller

Location
Lot Description

Meters
Electric
Individual

Parking Guest
Check-in Required

Parking Tenant
Assigned
Possession
Close of Escrow

Recreation Facility
Play Area

Roof
Composition

Sale Conditions

Set Backs
Of Record
Sewer
Connected

Stories
Two

Terms Offered
Cash
Conventional

Terms Sold

Topography

Utilities

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: 2005Assessed
Land1,360,200
Improvement659,300
Exemption0
Total2,019,500
Monthly Tax7,573
7,246 Days on MarketKey DatesPricing
Year Built:1962
Original List:4,750,000 FS
Listed:8/1/20054,395,000 FS
Advertise:
Auction:
Price change:10/11/2005
Temp off Market:
Off Market:11/1/2005
Temp withdrawn:
Withdrawn:
Back on Market:
Status change:11/1/2005
Last Modified:11/9/2005
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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