1424 Alexander Honolulu HI 96822 · Neighborhood: Punahou · Region: Metro · MLS: 2520619 · TMK: 1-2-8-012-009-0000 & History 

Show all 3 photos. Updated 11/29/2005 5:35:59 PM
Expired. It was offered at $2,950,000 LH
Location
Type: Multi Family Home
Region: Metro
Neigh: Punahou
1424 Alexander
Honolulu HI 96822
Area
Building sf:14,208
Land sf:19,982
Land acres:0.459
Other
Parking:26
Built:1958
Remodeled:
Furnished:
Elevators:0
Rooms
Studios:0
1 Bedroom Units:0
2 Bedroom Units:24
3 Bedroom Units:0
Com space:0
Total Units:24
Financials
Rental Income:270,000
Expenses:(98,000)
Net Operating Income:175,000
Other Income:3,000
Total Income:273,000
Remarks
Seller:Excellent location and investment. Twenty-four 2-bedroom units with large lanais. Many below market rent. Building exterior newly painted. Large developable land zoned A-4. Lease provides mechanics for the submissions of property to HPR.
Property Features
Amenities
Resident Manager

Building Type
Apartments

Condition
Average

Construction
Hollow Tile
Single Wall
Wood Frame

Disclosures
Licensed Owner
Listor Owner
Pet on Property

Documents
Lease Documents

Easements
None

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

Frontage

Furnished
Partial

Land Recorded
Regular System

Laundry
Coin
Dryer
Washer

Land Tenure
LH - Leasehold

Lessee Pays

Listing Broker
LNW Management, Inc.

Location
Lot Description

Meters
Electric
Gas
Individual
Water

Parking Guest
<10 Spaces

Parking Tenant
Assigned
Open
Possession
Close of Escrow
Subject To Tenancy

Recreation Facility
None

Roof
Composition

Sale Conditions

Set Backs
Of Record
Sewer
Connected

Stories
Two

Terms Offered
Cash
Conventional
Exchange
Open
PMM
Seller Financing

Terms Sold

Topography

Utilities

View
Other

Zoning
More Information
Contact listProp Mgt
Management Company:Self-managed
Management Company Phone:545-7816
 
About LeaseholdLease Info
Lessor:James Davidheiser
Renegotiation:12/31/2011
Lease expires:12/31/2041
Compare Fee Simple to Leasehold to Rent
 
Sample LH DisclosureRent per monththrough
Current:26,9122011
Step 1:02011
Rates Real Property Tax
Tax year: 2005Assessed
Land2,019,500
Improvement581,700
Exemption0
Total2,601,200
Monthly Tax9,755
7,126 Days on MarketKey DatesPricing
Year Built:1958
Original List:2,950,000 LH
Listed:11/29/20052,950,000 LH
n/a
Advertise:
Auction:
Price change:
Temp off Market:
Off Market:11/29/2006
Temp withdrawn:
Withdrawn:
Back on Market:
Status change:11/29/2006
Last Modified:11/29/2006
Contingency:
Pending:
Conditional:
Sold:0 LH
Concessions:(0)  
Net SP:0 LH
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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