1402 Piikoi Honolulu HI 96822 · Neighborhood: Makiki Area · Region: Metro · MLS: 2705786 · TMK: 1-2-4-019-036-0000 & History 

Show all 2 photos. Updated 3/29/2007 2:03:19 PM
Inactive. Last Sold for 4,180,000 FS on 6/22/2007
Location
Type: Multi Family Home
Region: Metro
Neigh: Makiki Area
1402 Piikoi
Honolulu HI 96822
Area
Building sf:16,255
Land sf:7,534
Land acres:0.173
Other
Parking:19
Built:1969
Remodeled:2003
Furnished:
Elevators:1
Rooms
Studios:0
1 Bedroom Units:0
2 Bedroom Units:20
3 Bedroom Units:0
Com space:0
Total Units:20
Financials
Rental Income:312,000
Expenses:(82,500)
Net Operating Income:247,500
Other Income:18,000
Total Income:330,000
Remarks
Seller:Incredible opportunity to own a six story, 20 unit apartment building, with elevator in town. Building is in excellent condition with 16 newly renovated units. This is a cash flow property with an actual 5.5 CAP and an ideal candidate for condo conversion.Buyer:
Property Features
Amenities
Enter Phone
Secured Lobby

Building Type
Apartments

Condition
Excellent

Construction
Above Ground
Concrete
Double Wall
Hollow Tile
Masonry/Stucco

Disclosures
1031 Exchange

Documents

Easements
Other

Expense Income
Other
Fee

Frontage

Furnished

Land Recorded
Regular System

Laundry
Coin
Dryer
Washer

Land Tenure
FS - Fee Simple

Lessee Pays
Cable TV
Electricity

Listing Broker
Vineyard Investment Realty LLC

Location
Lot Description

Meters
Electric
Individual
Water

Parking Guest
None

Parking Tenant
Assigned
Covered
Open
Possession
Close of Escrow

Recreation Facility
None

Roof
Pitch & Gravel

Sale Conditions

Set Backs
Of Record
Sewer
Connected

Stories
4-7

Terms Offered
Cash
Conventional

Terms Sold
Conventional

Topography

Utilities

View
City

Zoning
More Information
Contact listProp Mgt
Management Company:Self
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
Land894,700
Improvement1,489,800
Exemption0
Total2,384,500
Monthly Tax8,560
5 Days on MarketKey DatesPricing
Year Built:1969
Original List:4,525,000 FS
Listed:3/17/20074,525,000 FS
Advertise:
Auction:
Price change:
Temp off Market:
Off Market:6/22/2007
Temp withdrawn:
Withdrawn:
Back on Market:3/22/2007
Status change:6/25/2007
Last Modified:6/25/2007
Contingency:3/22/2007
Pending:3/22/2007
Conditional:
Sold:6/22/20074,180,000 FS
Concessions:(0)  
Net SP:4,180,000 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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