Status

ACTIVE UNDER CONTRACT

Type

Multifamily

MLS#

202415880

List Price

$3,640,000

Days on Market

31

Land Area

11,996

Year Built

19691985

Neighborhood

Kaneohe Town

Land Tenure

FS - Fee Simple

Property Description

RARE FIND! Super spacious units rented WAY under market located in the heart of Kaneohe just off Kamehameha Highway around the corner from Jack In The Box, blocks from District Park and situated right next to Kane`ohe Community park, tenants will be able to enjoy wide open spaces for recreation. Picturesquely sandwiched between the statuesque Ko`olau mountain range and the sparkling waters of Kane`ohe Bay. Close to restaurants, Windward Mall, with easy access to H-3 and the Likelike Hwy, this property’s desirable location means 100% occupancy with seasoned tenants. All tenants separately metered for electric, 2 buildings with 2 water meters, coin laundry, and 14 units (all two bedrooms) with 15 parking on almost 12,000sf of A-2 zoned land.

Additional Information

Island

Oahu

Stories Type

Three

Utilities

Cable, Internet, Overhead Electricity, Sewer Fee, Water

View

Mountain

Easements

None

Parking Total

15

Tenants Responsibilities Include

Cable TV, Electricity

Sqft Building

7764

Lot Size

11,996

Construction Materials

Concrete, Wood Frame

Mls Area Major

Kaneohe

Neighborhood

Kaneohe Town

Frontage

Other

Furnished

Partial

Year Built

19691985

Tax Amount

$698

Total Income

227763

Sewer

Connected

Unit Two Bed Number Of

14

Roof

Asphalt Shingle, Other

Recreation Facilities

None

Parking Features

Assigned

Lot Features

Clear

Amenities

A/C

Total Annual Operating Expenses

78399

Assessed Total

2401600

Assessed Improvement

447100

Assessed Land

1954500

Zoning

12 - A-2 Medium Density Apartme