For Sale: Sold

2842 Kaimuki Ave
Honolulu, HI 96816

$2,300,000 (FS)
Sold Price
$2,450,000 (FS)
List Price
Property Type:
Multi-Family
Studio Units:
1
1-Bed Units:
0
2-Bed Units:
0
3-Bed Units:
0
Land Area (sf):
5,524
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
4 - Assigned, Covered
MLS #:
202310419
TMK:
1-2-7-030-027-0000
List Date:
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
KAPAHULU

REMARKS:

Rare opportunity with great cash flow. Proforma 6.12% cap rate. Call Listor for financials. 23 room dormitory complex in convenient location off of Kapahulu Avenue. 22 partially furnished rooms each with sink, microwave, small refrigerator, window A/C and bed that share 4 full bathrooms. One studio unit with full kitchen above parking area with full bath. One electrical, water and gas (water heater) meters for the entire complex. Secured, gated entry with lush landscaping and picnic area for tenants with gas BBQ grill. Coin-operated washer and dryer machines. Wi-Fi provided for Tenants.

PROPERTY INFORMATION:

Zoning:
12 - A-2 Medium Density Apartme
Furnished:
Partial
Year Built:
1967
Year Remodeled:
2006

FINANCIAL INFORMATION:

Assd. Val. Land:
$1,400,600
Assd. Val. Imprv:
$274,300
Assd. Val. Total:
$1,674,900
Tax Year:
2023
Monthly Taxes:
$489
Home Exempt.:
--

SCHOOLS:

Elementary School:
--
Middle School:
--
High School:
--

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Friday, May 3, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Marcus Realty