3206 ALa Ilima Streets Unit 30 units, Honolulu, HI 96818

$9,999,999

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Sold Price
$9,999,999
List Price
$11,000,000
Days on Market
170
Closing Date
Jul 31, 2024
MLS#
202403475
Status
CLOSED
Type
Multifamily
Land Tenure
FS - Fee Simple
Neighborhood
Salt Lake
Subdivision
Salt Lake

Property Description

FIRST TIME ON MARKET! ****$2,000,000 PRICE REDUCTION!***** Trophy 3- story concrete apartment building (24,288 sf) in Salt Lake next to Hoa Aloha Neighborhood Park. 30 units (all 2 bedrooms) on 30,375 sf of A-2 zoned land (150" height limit) and one manager's office. 28 units are 2 beds, 1 bath (768sf) while 2 corner units are larger, 2 bed, 2 bath (1,184 sf) with private lanais and washer/dryer. 38+ parking stalls. 100% occupied. Rents under market and opportunities exist for additional income streams, i.e. utility recapture/pet fees/etc. Concrete spalls repairs completed. Exterior painting in progress and to be completed by 3/01/2024. Coin operated laundry facility on site.

Additional Information

View
City, Garden
Appliances
Dryer, Washer
Lot Size
30,375
Water
Public
Sewer
Connected
Topography
Level
Unit
30 units
Year Built
1973

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of CBI Residential Advisory Svcs.. Selling Office: Non-MLS.

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