176 Wilikina Drive, Wahiawa, HI 96786

$1,475,000
List Price
$1,475,000
Status
ACTIVE
Type
Multifamily
MLS#
202300046
Days on Market
80
Land Area
7,605
Year Built
1955
Neighborhood
Wahiawa
Land Tenure
FS - Fee Simple

Property Description

Excellent cap return on actuals with opportunity to increase below-market rents. 6 Nice, large units in 2 buildings: two story hollow tile with 2 one-bedrooms and one story hollow tile with 4 two-bedrooms, each with its own yard. Better than 1:1 parking, owned coin laundry, and seasoned, stable tenant pool. Lake Wilson abuts behind, so sense of a BIG backyard and NOT in a flood zone. Property is self-managed and well-maintained, and set back from main highway = lease road noise + easy accessibility. Shared driveway, easy access to Schofield, shops and eateries in Wahiawa, and freeway in either direction.

Additional Information

Island
Oahu
Stories Type
One, Two
Utilities
Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
View
None
Easements
Electric, Telephone
Parking Total
7
Tenants Responsibilities Include
Cable TV, Electricity
Sqft Building
3436
Lot Size
7,605
Unit One Bed Number Of
2
Construction Materials
Hollow Tile
Mls Area Major
Central
Neighborhood
Wahiawa
Frontage
Other
Furnished
Partial
Year Built
1955
Tax Amount
$259
Total Income
102000
Sewer
Connected
Unit Two Bed Number Of
4
Roof
Asphalt Shingle
Recreation Facilities
None
Parking Features
Open
Lot Features
Clear
Amenities
None
Total Annual Operating Expenses
29975
Assessed Total
891100
Assessed Improvement
154700
Assessed Land
736400
Zoning
12 - A-2 Medium Density Apartme

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Commercial Inv. Strategies.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2023 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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