FIRST TIME ON MARKET!

$2, 000, 000 PRICE REDUCTION. Trophy 3- story concrete apartment building (24, 288 sf) in Salt Lake next to Hoa Aloha Neighborhood Park. 30 units (all 2 bedrooms) on 30, 375 sf of A-2 zoned land (150 height limit) and one manager's office. 28 units are 2 beds, 1 bath (768sf) while 2 corner units are larger, 2 bed, 2 bath (1, 184 sf) with priva te lanais and washer/dryer.

38+ parking stalls. 100% occupied. Rents under market and opportunities exist for additional income streams, i.e. utility recapture/pet fees/etc. Concrete spalls repairs completed. Exterior panting in progress and to be completed by 3/01/2024. Coin operated laundry facility on site.

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on this property
in Honolulu, HI
Presented by Nancy T Morton at
CBI Residential Advisory Svcs.


Property MLS #202403475 from HiCentral

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+ Interior Features

Furnished Description: Partial

+ Land Info

Lot Description: Clear
Lot Size Acres: 0.697314
Topography: Level
Lot Size Square Feet: 30375

+ Garage and Parking

Garage Spaces: 38
Garage Description: Assigned
Parking Features: Assigned

+ Home Features

View: City, Garden

+ School Information

Elementary School: Salt Lake
High School: Moanalua
Middle School: Moanalua
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Salt Lake Elementary School is a public elementary school located approximately 0.4 miles away.
Map directions

Moanalua High School is a public high school located approximately 0.8 miles away.
Map directions

Moanalua Middle School is a public middle school located approximately 1.2 miles away.
Map directions

St Philomena Early Learning Center is a private elementary school located approximately 0.2 miles away.
Map directions

+ Multi-Unit Info

Number of Units: 30

+ Other Property Info

Annual Tax Amount: 19584.00
Source Listing Status: Active
Source Property Type: Multi-Family
Area: Metro
Source Neighborhood: SALT LAKE
Ownership Type: Fee Simple
Parcel Number: 1-1-1-59-18-0
Subdivision: SALT LAKE
Property Subtype: Multi-Family
Source System Name: C2C
+ Reveal Property Sale History

Price Changed 2024-03-27
$11,000,000
HiCentral

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Price Changed 2024-03-01
$12,000,000
HiCentral

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Listed 2024-02-13
$13,000,000
HiCentral

+ Building and Construction

Total Square Feet Living: 8096
Year Built: 1973
Building Area Total: 8096
Construction Materials: Concrete, Double Wall, Masonry/Stucco
Property Age: 51
Property Condition: Above Average
Levels or Stories: Three

+ Utilities

Sewer: Connected
Cable
Gas
Internet
Public Water
Sewer Fee
Telephone
Underground Electricity
Water