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.
Closed
$2,300,000
2842 Kaimuki Ave, Honolulu, HI 96816
--beds
0baths
3,410sqft
Multi Family
Built in 1967
-- sqft lot
$2,213,900 Zestimate®
$674/sqft
$1,673 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: June 15, 2024 at 03:19am
Listed by:
Kevin Y Nishikawa 808-220-9220,
Marcus Realty,
Alexander C Yen 808-392-6475,
Marcus Realty
Bought with:
Helen Linh On, RS-50409
Dower Realty, Inc.
Source: HiCentral MLS,MLS#: 202310419
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Cooling
- Central Air
Appliances
- Included: Dryer, Washer
Interior area
- Total structure area: 3,410
- Total interior livable area: 3,410 sqft
Property
Parking
- Total spaces: 4
- Parking features: Assigned, Covered
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: City, Other
- Frontage type: Other
Lot
- Features: Cleared, Other, Level
- Topography: Level
Details
- Parcel number: 1270300270000
- Zoning description: 12 - A-2 Medium Density Apartme
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Hollow Tile, Wood Frame
Condition
- Good Condition
- Year built: 1967
- Major remodel year: 2006
Utilities & green energy
- Sewer: Connected
- Water: Public
- Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Available, Water Available, Sewer Connected
Community & neighborhood
Community
- Community features: None
Location
- Region: Honolulu
- Subdivision: Kapahulu
HOA & financial
Other financial information
- Total actual rent: 18920
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$2,213,900
2% more+$44,278
With Zillow Showcase(estimated)$2,258,178