This Property Is Active Under Contract
We have many properties for sale, please check the search
< Back to Search
19 photos 
715 Piikoi Street
Honolulu, HI 96816
$5,300,000
Monthly mortgage paymentsProperty Type
Multi-Family
Beds
Baths
Parking
29
Balcony
No
Basic Info
- MLS Number: 202326083
- HOA Fees:
- Maintenance Fees:
- Neighbourhood: ALA MOANA
- TMK: 1-2-3-14-58
- Annual Tax Amount: $10032.00/year
Property description
12636
8704.00
18 CMU one-bedroom units near Ala Moana with 29 parking stalls! Proforma 5.6% cap rate at market rents. Average in-place rents are $1,183, far below market, and all tenants are month-to-month. Each unit is approx. 491 SF and in classic condition, allowing an investor the opportunity to add value by renovating units and increasing read more rents to market rates. The property consists of 18 one-bedroom/one-bathroom CMU units, each with a private lanai, and most with a sink and mauka views. The property has a large covered parking garage with 29 parking stalls and ingress/egress from Piikoi and Alder St. The secured laundry room has 2 landlord-owned coin-operated washers and dryers and has its own bathroom for tenant convenience. There is abundant landlord storage space on-site. Building is separately metered for electricity and boasts mature landscaping. Walking distance to Walmart and Ala Moana Shopping Center.
Construction Materials: Concrete,Hollow Tile,Slab
Flooring:
Inclusion
Honolulu, HI 96816
Mortgage Calculator
$12308 per month
| Architectural Style: | N/A |
| Flood Zone: | Zone X |
| Land Tenure: | FS - Fee Simple |
| Major Area: | Metro |
| Market Status: | Active Under Contract |
| Unit Features: | N/A |
| Unit View: | Mountain,Other |
| Amenities: | None |
| Association Community Name: | N/A |
| Easements: | None |
| Internet Automated Valuation: | 1 |
| Latitude: | 21.296517 |
| Longitude: | -157.8452071 |
| Listing Service: | Full Service |
| Lot Features: | Other |
| Lot Size Area: | 8704.00 |
| MLS Area Major: | Metro |
| Parking Features: | Assigned,Covered |
| Permit Address Internet: | 1 |
| Pool Features: | N/A |
| Property Condition: | Average |
| Property Sub Type: | Multi-Family |
| SQFT Garage Carport: | N/A |
| SQFT Roofed Living: | N/A |
| Stories Type: | Three |
| Topography: | Level |
| Utilities: | Overhead Electricity,Public Water,Sewer Fee,Water |
| View: | Mountain,Other |
| YearBuilt: | 1968 |
Contact An Agent
1019975