This Multifamily Property is Off-Market.

1436 Liliha Street
Honolulu, HI 96817 ·

33 Units · Multifamily For Sale

N/A

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1436 Liliha Street

Price N/A Commission Split 3%
No. Units 33 Cap Rate 6.45%
Building Size 17,616 SF Occupancy 100%
Property Type Multifamily No. Stories 3
Property Sub-type
Garden/Low-Rise
More...
  • Mid/High-Rise
Year Built 1964
Property Use Type Investment Lot Size 18,875 SF
Listing ID: 14216081 Date Created: 05/20/2005 Last Updated: 12/04/2006

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.

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.

Research

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

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