722 University Ave - Apartments FOR SALE


Honolulu, HI 96826- Mccully-Moiliili
$1,950,000 USD
808-429-1098
722 University Ave, Honolulu, HI for Sale
$1,950,000 USD
Apartments - FOR SALE
1/25
null | 4.69% Cap Rate

722 University Ave
Honolulu, HI 96826
Mccully-Moiliili


HIGHLIGHTS

  • Total Units: 7 Two-Bed, 1 Bath
  • Parking: 7
  • Zoning: A-2
  • Year Built: 1964
  • Land: 4,336sqft
  • Interior: 5,460sqft

OVERVIEW

Don't miss out on this beautifully maintained building with 7 two-bedroom, 1 bath units and 7 covered parking. All units have upgraded kitchens and flooring, main plumbing has been upgraded, meters have been replaced, and roof coated with elastomeric coating with 11 years remaining of warranty. Building and railings recently painted, copper gutters, fire hoses on every floor. Every unit has seller-owned washer and clothesline, and water heater. All tenants start with 6 month lease and are renewed every 6 months. Trash is C&C, so no charge, all units separately metered for electric with 1 main meter for CAM, no gas.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$310 USD /SF

# OF UNITS

7

PRICE/UNIT

$278,571

CAP RATE

4.69%

% 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

1964

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,334 SF

ZONING

A-2

APN/PARCEL ID

1-2-7-011-031-0000

ASK ABOUT THIS PROPERTY

Christina Low DwightCommercial Investment Strategies LLCMore Info
808-429-1098

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Christina Low DwightCommercial Investment Strategies LLCMore Info
808-429-1098

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