2021 Wilcox Ln - Apartments FOR SALE


Honolulu, HI 96819- Kalihi-Palama
$2,388,000 USD
808-441-0537
2021 Wilcox Ln, Honolulu, HI for Sale
$2,388,000 USD
Apartments - FOR SALE
1/13
null | 4.94% Cap Rate

2021 Wilcox Ln
Honolulu, HI 96819
Kalihi-Palama


HIGHLIGHTS

  • Turnkey w/COMPLETE NEW ROOF and ROOF HATCH (less than 3 years old)
  • 6+ units FULLY RENOVATED
  • Value Add Opportunities Exist (Raise rents to market and exercise greater control over Water expense per the FREE washing machines on most lanais)
  • Gated and Secured

OVERVIEW

• $14,400/mo. Gross Schedule Rent • 13.82 GRM! • 6+ Units Fully Renovated • Gated/Secured Multifamily Property • Newly Painted Building (2019) with spall repairs completed • New $70,000 Roof/Roof Hatch • New main water line shut off valve • All units have washer hookups on lanai with sink. Ground floor units have fenced in backyard lanais. • Hawaiian Tel Fiber in all units! Owner gets 10% share of subscriber income

FOR SALE DETAILS

PRICE

$2,388,000 USD

PRICE/SF

$414 USD /SF

# OF UNITS

9

PRICE/UNIT

$265,333

CAP RATE

4.94%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,021 SF

ZONING

IMX-1

APN/PARCEL ID

1-1-2-012-041-0000

ASK ABOUT THIS PROPERTY

Scott EdenNAI CBI HawaiiMore Info
808-441-0537

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Scott EdenNAI CBI HawaiiMore Info
808-441-0537

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.