Makaha Villas: Asking Price: $3,100,000
17 unit Apartment Building

General Information

  • Prop Type: Multi-Family
  • Prop Cond: Above Average
  • # Stories: Two
  • Bldg Type: Apartments
  • Easements: None
  • Furnished: Partial
  • Year Built: 1974
  • Rmld Year: 2007

 

Income Information

  • Ann Rent: $282,600
  • Other Inc: $5,400
  • Ttl Ann Inc: $288,000
  • Ann Exp: $86,400
  • Net Oper Inc: $201,600

 

Unit Information

  • Ttl Park: 20
  • Bldg Sqft: 10,200
  • Ttl Sqft: 10,200
  • Land Sqft: 20,000
  • Lot Acres: .459
  • # Studio: 0
  • # 1 Bd: 0
  • # 2 Bd: 17
  • # 3+ Bd: 0
  • # Ttl Units: 17

 

  • Exp Includes: Excise Tax, Insurance, Property Tax, Repair Maintenance, Sewer Fee
  • Tenant Pays:Electricity

Additional Listing Information

  • View: City, Coastline, Diamond Head, Mountains, Ocean, Sunrise, Sunset
  • Zoning: 05 - R-5 Residential District
  • Lot Desc: Clear
  • Lnd Recorded: Dual Systems
  • Flood Zone: Zone X
  • Sewer: Connected
  • Topography: Level
  • Set Backs: Of Record

 

Remarks

Pub Rmks: Incredible opportunity to own a turn-key apartment complex 1 block from the beach.  Over 200k in capital improvements in 2007.  This complex is fully gated, has 10 remote monitored (via internet) cameras, coin laundry room, swimming pool and much more.  Conveniently located near buslines, shopping and schools.

Features

  • # Elevators: 0
  • Meters: Electric, Individual
  • Roof: Composition, Pitch & Gravel
  • Laundry Fac: Coin, Dryer, Individual, Washer
  • Guest Parking: 10 spaces
  • Parking: Assigned, Open
  • Rec Facilities: Play Area, Pool
  • Construction: Above Ground, Concrete, Hollow Tile
  • Amenities: Resident Manager

 

Photos

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