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2629 Kapiolani Honolulu HI 96826 · Neighborhood: Kapiolani · Region: Metro · MLS: 2618497 · TMK: 1-2-7-022-037-0000 & History 

Show all 10 photos. Updated 10/6/2006 5:30:21 PM
Inactive. Last Sold for 190,000 LH on 11/22/2006
Location
Type: Multi Family Home
Region: Metro
Neigh: Kapiolani
2629 Kapiolani
Honolulu HI 96826
Area
Building sf:3,432
Land sf:5,225
Land acres:0.120
Other
Parking:6
Built:1960
Remodeled:2004
Furnished:
Elevators:0
Rooms
Studios:0
1 Bedroom Units:0
2 Bedroom Units:6
3 Bedroom Units:0
Com space:0
Total Units:6
Financials
Rental Income:115,200
Expenses:(45,946)
Net Operating Income:69,254
Other Income:0
Total Income:115,200
Remarks
Seller:6 units, hollow tile apartment building on Kapiolani Blvd, close to the University, Waikiki and located on the bus line. Great income producing property in a market when cap rates are low. All units are 2 bedroom, 1 bath with parking, fully furnished. Seller had upgraded units with laminate flooring, new paint, new doors, new windows, etc. Lease expires 2012 but ROI is too good to pass up!Buyer:
Property Features
Amenities
A/C
Other
Storage

Building Type
Multi Dwellings

Condition
Excellent

Construction
Concrete
Hollow Tile

Disclosures
None

Documents
Inventory
Lease Documents
P&L
Tax Return

Easements
None

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

Frontage
Other

Furnished
Full

Land Recorded
Land Court

Laundry
Coin

Land Tenure
LH - Leasehold

Lessee Pays
Electricity
Gas

Listing Broker
Coldwell Banker Pacific Prop.

Location
Lot Description

Meters
Electric
Individual

Parking Guest
None

Parking Tenant
Assigned
Possession
Close of Escrow

Recreation Facility
None

Roof
Pitch & Gravel

Sale Conditions

Set Backs
None
Sewer
Connected

Stories
Two

Terms Offered
Cash

Terms Sold
Cash

Topography

Utilities

View
Other

Zoning
More Information
Contact listProp Mgt
Management Company:
Management Company Phone:
 
About LeaseholdLease Info
Lessor:Lum Yip Kee
Renegotiation:
Lease expires:12/4/2012
Compare Fee Simple to Leasehold to Rent
 
Sample LH DisclosureRent per monththrough
Current:1,7152012
Step 1:00
Rates Real Property Tax
Tax year: 2006Assessed
Land674,800
Improvement209,900
Exemption0
Total884,700
Monthly Tax3,317
18 Days on MarketKey DatesPricing
Year Built:1960
Original List:215,000 LH
Listed:10/6/2006215,000 LH
n/a0 
Advertise:
Auction:
Price change:
Temp off Market:
Off Market:11/22/2006
Temp withdrawn:
Withdrawn:
Back on Market:10/24/2006
Status change:11/22/2006
Last Modified:5/17/2007
Contingency:10/24/2006
Pending:10/24/2006
Conditional:
Sold:11/22/2006190,000 LH
Concessions:(0)  
Net SP:190,000 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

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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