Historical Multifamily Sale Listing - 1436 Liliha Street

Multifamily For Sale

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1436 Liliha Street

1436 Liliha Street, Honolulu, HI 96817

N/A

33 Units | Multifamily

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1436 Liliha St., Honolulu, Hawaii

Multifamily Property - Off Market

Price:
N/A
No. Units:
33
Building Size:
17,616 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Additional Sub-types:
Mid/High-Rise
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
6.45%
Occupancy:
100%
No. Stories:
3
Year Built:
1964
Lot Size:
18,875 SF
Listing ID
14216081
Last Updated
over 1 year ago

Highlights

  • Well maintained building
  • Newly painted exterior, exterior lights, fence
  • Parking recently re-coated
  • Convenience to downtown, shopping, banks, busline
  • Cap rate and income statement are projected figures
  • Make offer subject to inspection; submit buyer qualifications.

Description

Attractive 3-story hollow/tile complex with 18 one-bedroom, 12 two-bedrooom, and 3 commercial units near downtown Honolulu. One commercial unit at below market rent ($350/mo) until 2/28/07. Other commercial unit renting at $1500/mo with 3% annual increases. Near bus line and neighborhood shopping center. New building exterior paint, exterior light fixtures, landscaping, fencing; parking lot re-coated; some units renovated. Sale includes 1431 Holelua Place used as parking. 33 to 34 parking stalls (parking stalls on Holelua Place side of property is owner-striped, legality/conformance not guaranteed. Road widening setback along Holelua Place. Income statement is a projection. Buyer to develop its own assumptions, analysis, and income/expense statement and not rely on this. Many of the expense figures are from previous owner.

Convenience to downtown, Chinatown, major hospitals and clinics, library, COSTCO, Home Depot, newly developing Best Buy electronics store, neighborhood shopping center with supermarket, bank, food establishments, and busline.

Map of 1436 Liliha Street, Honolulu, HI 96817 (Honolulu County)

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