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100% leased 12-unit apartment building in a well-located part of Makiki. Excellent stabilized cash flow opportunity which is turnkey for an investor. The property underwent a major renovation in 2020 including new quartz countertops, cabinets, vanities, lights, ceiling fans, LVT flooring, interior paint, tiled showers*, stainless steel microwaves and gas ranges/ovens, washer dryers, and low flow water fixtures. In addition, the driveway and parking lot was repaved with new asphalt and concrete in some areas, as well as updated landscaping to the property. Roof re-coated and resealed in 2022! INVESTMENT HIGHLIGHTS - Renovated units with luxury finishes - Excellent unit mix - CMU construction - Large Units - Electricity & Gas are separately metered - All units have their own washer/dryer - 10 on-site parking spaces - In-place 4.9% CAP rate
DAYS ON MARKET | 187 | LAST UPDATED | 4/24/2024 |
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TRACT | MAKIKI | YEAR BUILT | 1966 |
COMMUNITY | Metro | COUNTY | Oahu |
STATUS | Sold | PROPERTY TYPE(S) | Multi Family |
Elementary School | Lincoln |
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Jr. High School | Stevenson |
High School | Roosevelt |
ADDITIONAL DETAILS | |
APPLIANCES | Dryer, Washer |
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AREA | Metro |
LOT | 8712 sq ft |
LOT DESCRIPTION | Cleared, Level |
STORIES | 3 |
SUBDIVISION | MAKIKI |
TAXES | 8932.32 |
UTILITIES | Cable Available, Natural Gas Available, Sewer Connected |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Standard Management LLC
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
active listings last updated on 1/10/25 8:40 AM PST.
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
active listings last updated on 1/10/25 8:40 AM PST.
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
This IDX solution is (c) Diverse Solutions 2025.