Bought with Dower Realty, Inc.
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2842 Kaimuki AVE Honolulu, HI 96816
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Key Details
Sold Price $2,300,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Kapahulu
MLS Listing ID 202310419
Sold Date 03/25/24
Construction Status Good Condition
Year Built 1967
Annual Tax Amount $5,862
Property Description
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.
Location
State HI
County Oahu
Area Metro
Interior
Cooling Central Air
Furnishings Partially
Fireplace No
Appliance Dryer, Washer
Exterior
Parking Features Assigned, Covered
Community Features None
Utilities Available Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Available, Water Available, Sewer Connected
View Y/N Yes
View City, Other
Total Parking Spaces 4
Building
Lot Description Cleared, Other, Level
Entry Level Two
Sewer Connected
Water Public
Level or Stories Two
Construction Status Good Condition
Others
Tax ID 1-2-7-030-027-0000
Financing Conventional
Special Listing Condition None
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