REMARKS:
Strong and steady income apartment building in one of the best areas of Honolulu. This 14 unit building is located in the Makiki area of the city, near the Manoa border. It is close to UH, Waikiki, military bases and downtown. The building was extensively rehabbed in 2006. 12 of 14 studios were remodeled at the same time. Income and expenses are based on 2014 data. Cap rate is approximately 5% at listing price. Gross rent multiplier of 13.95.
* The offer of compensation to cooperating brokers is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating
Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Thursday, April 18, 2024. Information is deemed
reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Neal Fineman & Associates