901 Prospect Honolulu HI 96822 · Neighborhood: Punchbowl Area · Region: Metro · MLS: 2520615 · TMK: 1-2-4-015-022-0000 & History 

Show all 5 photos. Updated 11/29/2005 4:47:47 PM
Inactive. Last Sold for 4,600,000 FS on 10/6/2006
Location
Type: Multi Family Home
Region: Metro
Neigh: Punchbowl Area
901 Prospect
Honolulu HI 96822
Area
Building sf:23,370
Land sf:9,366
Land acres:0.215
Other
Parking:31
Built:1974
Remodeled:
Furnished:
Elevators:0
Rooms
Studios:3
1 Bedroom Units:24
2 Bedroom Units:0
3 Bedroom Units:0
Com space:0
Total Units:27
Financials
Rental Income:263,800
Expenses:(75,000)
Net Operating Income:188,800
Other Income:0
Total Income:263,800
Remarks
Seller:Excellent investment apartment building in prime Makiki location. Twenty-four 1-bedrooms and 3 studios. 1-bdrms are 523 sf each and studios are 400 sf each. Always rented. Many units below market rent. Separate electric meters and coin laundry. 31 covered parking stalls. Solid, good looking, secured building.Buyer:
Property Features
Amenities
A/C
Enter Phone
Resident Manager

Building Type
Apartments

Condition
Above Average

Construction
Concrete

Disclosures
Leased Equipment
Licensed Owner
Listor Owner
Pet on Property

Documents
Lease Documents

Easements
None

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

Frontage
Other

Furnished
Partial

Land Recorded
Regular System

Laundry
Coin
Dryer
Leased Equipment
Washer

Land Tenure
FS - Fee Simple

Lessee Pays

Listing Broker
LNW Management, Inc.

Location
Lot Description

Meters
Electric
Individual

Parking Guest
<10 Spaces

Parking Tenant
Assigned
Possession
Close of Escrow
Subject To Tenancy

Recreation Facility
None

Roof
Custom/Specialty

Sale Conditions

Set Backs
Of Record
Sewer
Connected

Stories
4-7

Terms Offered
A/S
Cash
Conventional
Exchange
Open
PMM
Seller Financing

Terms Sold
Purchase Money Mortgage

Topography

Utilities

View
City
Mountain

Zoning
More Information
Contact listProp Mgt
Management Company:LW Enterprises
Management Company Phone:545-7816
 
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
Land891,700
Improvement1,262,700
Exemption0
Total2,154,400
Monthly Tax8,078
160 Days on MarketKey DatesPricing
Year Built:1974
Original List:4,750,000 FS
Listed:11/29/20054,750,000 FS
Advertise:
Auction:
Price change:
Temp off Market:
Off Market:10/6/2006
Temp withdrawn:
Withdrawn:
Back on Market:5/21/2006
Status change:1/4/2008
Last Modified:1/4/2008
Contingency:5/8/2006
Pending:5/8/2006
Conditional:
Sold:10/6/20064,600,000 FS
Concessions:(0)  
Net SP:4,600,000 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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