101, 117 Maluniu Avenue

Estimated Monthly Payment: $87,783/mo 101, 117 Maluniu Avenue, Kailua, HI 96734 MLS# 201813309 Multi-Family Listing Status: Active
29,476 sqft
119
23
0
0

REMARKS:

Completed in 2017. 101 and 117 Maluniu Avenue in Kailua offers a rare opportunity to own a new apartment complex in one of Hawaiis most desirable towns. On the beach end of Kailua town these apartments offer great access to both Kailua Beach and Kailua town shops and restaurants. All 38 units on the 34, 844 square feet of land have been individually condominiumized. Occupancy has been at 100% since final completion fall of 2017. Each unit is individually metered for all utilities. PV system (not shown in current photos) offsets owner expenses by approximately $45, 000 per year. 75 stalls for 38 units. Storage for surfboards, bicycles, and kayaks. Condominiumized units can be sold separately. Individually taxed units are assessed below class A tax rates. Selling at a 4.19% cap rate.

OVERVIEW:

Multi-Family
Active
Kailua
COCONUT GROVE
Above Ground, Concrete, Slab, Steel Frame
2017
29476
34844.00
Other
Other
Level
Assigned, Covered, Open, Unassigned
Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water

FEATURES:

A/C, Fire Sprinkler, Secured Lobby, Storage
Mountain, Other

SCHOOLS:

Kailua
Kailua
Kalaheo

FINANCIAL:

$19,250,000

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Carvill Sotheby's Intl. Realty

 

Based on information from the Multiple Listing Service of Honolulu Board of REALTORS┬« listings last updated on 09/17/2018 7:27:59 PM.

 

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