- Overview 12636 SQ. Feet, 0.20 Acres
- Listing Type Multi-Family
- Office: Standard Management LLC
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 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.
Essential Information
Community Information
Amenities
Utilities
Overhead Electricity, Public Water, Sewer Fee, Water
Interior
Exterior
School Information
Additional Information
Zoning
12 - A-2 Medium Density Apartme
Listing Details
Property History
Quick Details
This Property is priced at $5,300,000 and located at 715 Piikoi St, . With 0 Bedrooms and 0.00 Bathrooms, it offers a total of 12636 Square feet. This Multi-Family was built in 1968 and its status is In Escrow Showing. This property is represented by Michael M Okamoto of Standard Management LLC, Contact Number (808) 208-8107, our team of Realtors can represent you at no additional cost.
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