For Sale: Sold

82 and 104 Kihapai St
Kailua, HI 96734

$5,100,000 (FS)
Sold Price
$5,000,000 (FS)
List Price
Property Type:
Multi-Family
Studio Units:
11
1-Bed Units:
11
2-Bed Units:
2
3-Bed Units:
0
Land Area (sf):
6,555
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
24 - Assigned
MLS #:
201726333
TMK:
1-4-3-058-018-0000
List Date:
Island:
Oahu
Region:
Kailua
Neighborhood:
COCONUT GROVE

REMARKS:

Location location location!! Rare opportunity to own 24 apartments in the heart of Kailua Town! Easy to rent with little to no vacancy! 2 Buildings each with 12 units and 12 parking stalls. On-site coin operated washers and dryers. Freshly painted exterior and repaved parking lot! Rents vary per unit from $950/mo to $1500/mo unit average: $1100/mo. Total of $24, 900 rental income per month plus laundry income. All units are individually metered for electric, tenants pay their own. Income, expenses and # of units are both buildings #82 & #104 combined as both buildings must be purchased together. This TMK (82 Kihapai St) and TMK 1-4-3-058-019 (104 Kihapai St) must be purchased together! List price of $5, 000, 000 is for both TMKs.

PROPERTY INFORMATION:

Zoning:
32 - B-2 Community Business Dis
Furnished:
None
Year Built:
1970
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$950,500
Assd. Val. Imprv:
$486,300
Assd. Val. Total:
$1,436,800
Tax Year:
2017
Monthly Taxes:
$1,485
Home Exempt.:
--

SCHOOLS:

Elementary School:
Kailua
Middle School:
Kailua
High School:
Kalaheo

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Saturday, May 4, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Stott Real Estate, Inc.