Honolulu, HI 96826,2016 Kapiolani BLVD
Listed by Commercial Inv. Strategies
Bought with Ko Realty
$4,875,000
Est. payment /mo
$5,500,000
11.4%
Est.Price: ?

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SOLD DATE : 09/23/2022

Key Details

Sold Price $4,875,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Subdivision Moiliili

MLS Listing ID 202211079

Sold Date 09/23/22

Construction Status Repairs Major

HOA Y/N No

Year Built 1958

Annual Tax Amount $110,856

Property Description

Location, location, location: blocks from Ala Moana, UH Manoa, and Waikiki, Don’t miss this once in a lifetime opportunity to own a super desirable, centrally located, two- building property with 22 units. Unit mix: 10 studios and 12 one-bedrooms with a shared driveway to be sold as a package with 2 identical buildings with TWO TMKs on Kapiolani Blvd: 1-2-7-003-006 & 1-2-7-003-061 each consisting of 5,000sf lots with interiors of 3,828sf each. Separately metered electricity, and gas and two water meters. Value-add opportunity with excellent potential upside as rents are below market with some vacant units. Financials show noted here are pro forma ONLY. To be sold as is, where is.

Location

State HI

County Oahu

Area Metro

Rooms

Ensuite Laundry Coin-operated

Interior

Laundry Location Coin-operated

Furnishings Partially

Fireplace No

Appliance Dryer, Washer

Laundry Coin-operated

Exterior

Garage Open

Community Features None

Utilities Available Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected

View Y/N No

View None

Parking Type Open

Total Parking Spaces 6

Building

Lot Description Cleared, Interior Lot, Level

Entry Level Two

Sewer Connected

Water Public

Level or Stories Two

Construction Status Repairs Major

Others

Tax ID 1-2-7-003-006-0000

Financing Conventional

Special Listing Condition None

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Hawaii Central MLS (HiCentralMLS)
Lex Ferguson

Agent | License ID: RS-78101

+1(808) 277-4715 | lex@lifeonoahu.com

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