5.72% cap rate return on ACTUAL INCOME AND EXPENSES. Rarely available apartment building in desirable excellent location with excellent access to Pearlridge and coming rail station. Solid investment with proven return, seasoned rents, and better than 1:1 parking. All units are separately metered and have their own full-sized washer dryers, and 2 coin machines, all owned. Hollow tile 2 story with concrete roof. Electric updated to 90amps; surveillance system. See matterport for 2 units showing. No showings without an accepted offer.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 18, 2025.Information is deemed reliable but not guaranteed.
Sold 2/25/22 at $1,798,000 (List Price: $1,688,000)
Description
5.72% cap rate return on ACTUAL INCOME AND EXPENSES. Rarely available apartment building in desirable excellent location with excellent access to Pearlridge and coming rail station. Solid investment with proven return, seasoned rents, and better than 1:1 parking. All units are separately metered and have their own full-sized washer dryers, and 2 coin machines, all owned. Hollow tile 2 story with concrete roof. Electric updated to 90amps; surveillance system. See matterport for 2 units showing. No showings without an accepted offer.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 18, 2025.Information is deemed reliable but not guaranteed.
You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000. Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
Other fees could be a special assessment, reserve contributions etc.
DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
