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1242 Makaloa Honolulu HI 96814 · Neighborhood: Ala Moana · Region: Metro · MLS: 2610424 · TMK: 1-2-3-015-022-0000 & History 

Show all 1 photos. Updated 6/2/2006 9:05:21 AM
Inactive. Last Sold for 1,300,000 FS on 10/24/2006
Location
Type: Multi Family Home
Region: Metro
Neigh: Ala Moana
1242 Makaloa
Honolulu HI 96814
Area
Building sf:3,796
Land sf:5,000
Land acres:0.115
Other
Parking:5
Built:1959
Remodeled:
Furnished:
Elevators:0
Rooms
Studios:1
1 Bedroom Units:5
2 Bedroom Units:2
3 Bedroom Units:0
Com space:0
Total Units:8
Financials
Rental Income:114,000
Expenses:(19,800)
Net Operating Income:94,200
Other Income:0
Total Income:114,000
Remarks
Seller:New Price! Only 8 unit hollow tile building in the Ala Moana area! Prime location in the heart of the Kapiolani area! Walk across the street to Sam's Club or Walmart. High demand rental area with property at 100% occupancy. Solid hollow tile building with ability to raise rents and increase cashflow. Income is Pro-Forma at a 6.5% CAP!! Seller will look at all serious offers.Buyer:
Property Features
Amenities
A/C

Building Type
Apartments

Condition
Average

Construction
Hollow Tile

Disclosures
None

Documents

Easements
Sewer

Expense Income
Insurance
Other
Property Tax
Repair Maintenance
Sewer Fee
Fee

Frontage

Furnished
Partial

Land Recorded
Regular System

Laundry
Coin

Land Tenure
FS - Fee Simple

Lessee Pays
Cable TV
Electricity

Listing Broker
Avalon Realty LLC

Location
Lot Description

Meters
Electric
Individual

Parking Guest
None

Parking Tenant
Assigned
Covered
Possession
Close of Escrow

Recreation Facility
None

Roof
Asphalt Shingle

Sale Conditions

Set Backs
CandC
Sewer
Connected

Stories
Two

Terms Offered
Cash
Conventional

Terms Sold
Conventional

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: 2006Assessed
Land623,500
Improvement235,900
Exemption0
Total859,400
Monthly Tax3,222
74 Days on MarketKey DatesPricing
Year Built:1959
Original List:1,450,000 FS
Listed:6/2/20061,350,000 FS
Advertise:
Auction:
Price change:7/30/2006
Temp off Market:
Off Market:10/24/2006
Temp withdrawn:
Withdrawn:
Back on Market:8/15/2006
Status change:10/24/2006
Last Modified:10/24/2006
Contingency:8/15/2006
Pending:8/15/2006
Conditional:
Sold:10/24/20061,300,000 FS
Concessions:(0)  
Net SP:1,300,000 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

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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