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94820 Awanei Waipahu HI 96797 · Neighborhood: Waipahu-Lower · Region: Waipahu · MLS: 2817138 · TMK: 1-9-4-020-034-0000 & History 

Show all 4 photos. Updated 10/27/2008 6:27:25 PM
Expired. It was offered at $4,495,000 FS
Location
Type: Multi Family Home
Region: Waipahu
Neigh: Waipahu-Lower
94820 Awanei
Waipahu HI 96797
Area
Building sf:24,000
Land sf:45,738
Land acres:1.050
Other
Parking:40
Built:1962
Remodeled:
Furnished:
Elevators:0
Rooms
Studios:0
1 Bedroom Units:0
2 Bedroom Units:40
3 Bedroom Units:0
Com space:0
Total Units:40
Financials
Rental Income:477,120
Expenses:(155,000)
Net Operating Income:309,664
Other Income:12,000
Total Income:489,120
Remarks
Seller:This rare garden-apartment style complex sits on just over one acre of land in eastern Waipahu at the back of a nice single-family neighborhood, and far from the car lots and crowded conditions of western Waipahu. A 7.4 CAP using professional management (Self-management yeilds better than 12% return!), and has an assumable 28-yr loan of appx $2.875M fixed at 6.61% through 2011.
Property Features
Amenities
None

Building Type
Apartments

Condition
Average

Construction
Hollow Tile
Wood Frame

Disclosures
1031 Exchange

Documents

Easements
None

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

Frontage

Furnished

Land Recorded
Land Court

Laundry
Coin
Dryer
Leased Equipment
Washer

Land Tenure
FS - Fee Simple

Lessee Pays
Electricity

Listing Broker
Ted Miller

Location
Lot Description

Meters
Electric

Parking Guest
None

Parking Tenant
Assigned
Possession
Close of Escrow

Recreation Facility
Play Area

Roof
Asphalt Shingle

Sale Conditions

Set Backs
Of Record
Sewer
Connected

Stories
Two

Terms Offered
Cash
Conventional

Terms Sold

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: 2008Assessed
Land1,872,200
Improvement742,700
Exemption0
Total2,614,900
Monthly Tax8,603
6,069 Days on MarketKey DatesPricing
Year Built:1962
Original List:4,495,000 FS
Listed:10/21/20084,495,000 FS
Advertise:
Auction:
Price change:
Temp off Market:
Off Market:4/16/2009
Temp withdrawn:
Withdrawn:
Back on Market:
Status change:4/16/2009
Last Modified:4/16/2009
Contingency:
Pending:
Conditional:
Sold:0 FS
Concessions:(0)  
Net SP:0 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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