2403 Ala Wai

Honolulu, HI 96815

Status

ACTIVE

Type

Multifamily

MLS#

1208533

Price

$7,200,000

Price Change

Increased $212,000 1352366623

Land Area

10,205

Year Built

1970

Neighborhood

Waikiki

Land Tenure

FS

Property Description

EXCELLENT revenue generating property. Centrally located in prime Waikiki neighborhood with Ala Wai and mountain views. Two buildings with 49 units. Corner lot. Larger building security and elevator. Ideal for Buyer replacement property in 1031 Exchange. Projected 2012 financial data. Cap rate 5.8%

Additional Information

Stories Type

4-7, Two

Utilities

Cable, Internet, Public Water, Sewer Fee, Telephone, Underground Electricity

View

City, Garden, Golf Course, Marina/Canal, Mountain

Easements

Other

Parking Total

14

Tenants Responsibilities Include

Cable TV, Electricity, Parking

Sqft Building

14992

Lot Size

10,205

Unit One Bed Number Of

14

Construction Materials

Above Ground

Mls Area Major

Metro

Neighborhood

Waikiki

Studio Units Number Of

35

Frontage

Other

Year Built

1970

Tax Amount

$13,401

Total Income

634790

Sewer

Connected

Roof

Asphalt Shingle, Other, Pitch & Gravel

Recreation Facilities

None

Parking Features

Assigned, Covered

Lot Features

Flag Lot

Amenities

None

Total Annual Operating Expenses

220734

company logo
808-943-8686

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.

Listing courtesy of Choi International

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on June 18, 2013. Information is deemed reliable but not guaranteed. Copyright: 2013 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.