2139 Algaroba Honolulu HI 96826 · Neighborhood: Moiliili · Region: Metro · MLS: 2900641 · TMK: 1-2-7-007-051-0000 & History 

Show all 9 photos. Updated 1/13/2009 6:10:25 PM
Withdrawn. Last listed for $3,690,000 FS
Location
Type: Multi Family Home
Region: Metro
Neigh: Moiliili
2139 Algaroba
Honolulu HI 96826
Area
Building sf:10,646
Land sf:14,743
Land acres:0.338
Other
Parking:6
Built:1928
Remodeled:2008
Furnished:
Elevators:0
Rooms
Studios:4
1 Bedroom Units:8
2 Bedroom Units:9
3 Bedroom Units:4
Com space:0
Total Units:25
Financials
Rental Income:384,780
Expenses:(66,000)
Net Operating Income:321,780
Other Income:3,000
Total Income:387,780
Remarks
Seller:Solid 8.72% net cap on actual rent! Incredible opportunity to acquire an 8 buildings, 25 units turn-key apartment complex in Moiliili! Over $200,000 recent renovations to interiors, landscaping, and exterior vinyl siding! Perfect for your 1031 replacement property! Fully rented, long-term tenants! Walking distance to UH-Manoa! This prime property has 2 street frontages (Algaroba & Makahiki Way)
Property Features
Amenities
None

Building Type
Apartments
Duplex
Fourplex
Multi Dwellings
Triplex

Condition
Above Average

Construction
Above Ground
Double Wall
Hollow Tile
Single Wall
Vinyl
Wood Frame

Disclosures
Licensed Owner

Documents

Easements
None

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

Frontage

Furnished
Partial

Land Recorded
Land Court

Laundry
Coin
Dryer
Washer

Land Tenure
FS - Fee Simple

Lessee Pays
Cable TV
Electricity
Gas

Listing Broker
Five Star Realty, Inc.

Location
Lot Description
Clear

Meters
Electric
Gas
Individual
Water

Parking Guest
None

Parking Tenant
Assigned
Possession
Close of Escrow

Recreation Facility
None

Roof
Asphalt Shingle

Sale Conditions

Set Backs
Of Record
Sewer
Connected

Stories
Two

Terms Offered
Cash
Conventional
Exchange

Terms Sold

Topography
Level

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
Land2,631,600
Improvement316,300
Exemption0
Total2,947,900
Monthly Tax9,700
254 Days on MarketKey DatesPricing
Year Built:1928
Original List:3,690,000 FS
Listed:1/13/20093,690,000 FS
Advertise:
Auction:
Price change:
Temp off Market:
Off Market:9/24/2009
Temp withdrawn:
Withdrawn:9/24/2009
Back on Market:5/29/2009
Status change:9/24/2009
Last Modified:9/24/2009
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

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