Bought with Agora Hawaii
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Key Details
Sold Price $1,850,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Makiki Area
MLS Listing ID 202501542
Sold Date 07/08/25
Construction Status Excellent
HOA Y/N No
Annual Tax Amount $6,336
Property Sub-Type Multi Family
Property Description
Turnkey Bill 7 development vacant lot with plans that were approved. All the due diligence has been done, and the existing plans were cleared for 37 units (17 studios, 15 two/ones, 5 two/twos, 13 parking. Projected 80% AMI Pro Forma Gross Income of $1,023,680 (for 10 year tax exemption). Due diligence package includes: Approved Full Set Building Plans (renewed once, to be renewed again by Buyer), Electrical Site Plan, Building Renderings (interior w unit types & exterior), Building Permit Approvals, Sewer Connection Approval, Trenching Permit, Geotechnical Reports, Phase 1 Report, Survey and ALTA Survey, Waste Water Waiver, DPP Certification of Affordable Dwellings, and more!
Location
State HI
County Oahu
Community Fitness, Other
Area Metro
Interior
Furnishings Partially
Fireplace No
Appliance Dryer, Washer
Laundry Coin-operated, Other
Exterior
Parking Features Covered
Community Features Fitness, Other
Utilities Available Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Underground Utilities, Water Available
View Y/N Yes
View City
Total Parking Spaces 13
Building
Lot Description Cleared, Interior Lot, Level
Entry Level Three Or More
Sewer Not Connected
Water Public
Level or Stories Three Or More
Construction Status Excellent
Others
Tax ID 1-2-4-020-029-0000
Security Features Lobby Secured
Financing Cash
Special Listing Condition None
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