730 Piikoi St
Honolulu, HI 96814

For Sale
Sold
Sold Price
$1,385,000 (FS)
List Price
$1,380,000 (FS)
Property Type:
Multi-Family
Studio Units:
8
1-Bed Units:
0
2-Bed Units:
0
3-Bed Units:
0
Land Area (sf):
4,796
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
5 - Assigned
MLS #:
201720523
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
KAKAAKO
TMK:
1-2-3-010-003-0000
List Date:
Date Sold:

REMARKS:

Cash Cow. This property, located directly across the street from Honolulu Sheridan Community Park, and just down the street from Ala Moana Shopping Center, makes almost $9, 000 a month with existing, in place leases. An excellent future development opportunity due to its Kakaako special district designation, bring your long-term plan while your short term investment produces an extremely attractive 5.3% cap rate return. Some units are below market, making this buy a no-brainer.

PROPERTY INFORMATION:

Zoning:
KA - State jurisdiction, refer
Furnished:
Partial
Year Built:
1942
Year Remodeled:
2015

FINANCIAL INFORMATION:

Assd. Val. Land:
$949,600
Assd. Val. Imprv:
$126,000
Assd. Val. Total:
$1,075,600
Tax Year:
2017
Monthly Taxes:
$314
Home Exempt.:
--

SCHOOLS:

Elem. School:
--
Middle School:
--
High School:
--

OTHER PROPERTY FEATURES:

Frontage:
Other
View:
None
Pool:
--
Amenities:
None
Inclusions:
--
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
--
Lot Description:
Clear
Topography:
Level
Number of Stories:
One
Building Style:
--
Property Condition:
Fair
Construction:
Wood Frame
Roofing:
Asphalt Shingle
Floor Covering:
--
Disclosures:
1031 Exchange
Possession:
At Closing, Subject To Tenancy
Terms Accept.:
Cash, Conventional, Exchange
Land Recorded:
Land Court
Exclusions:
--
Easements:
None
Set-Backs:
None
Compensation*:
2.5%

* 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 Monday, August 8, 2022.  Information is deemed reliable but not guaranteed.  Copyright: 2022 by HiCentral MLS, Ltd.  Listing courtesy of Commercial Inv. Strategies