$2,300,000
The best building in Lakeview Circle!! Not in a flood zone, abutting Lake Wilson: 15 one bedrooms well-situated on a simple open, flat lot. Sturdy concrete construction and leased laundry from WASH. Excellent opportunity to increase to market rents and replace with owned coin operated machines. Secure the lot with a sliding gate and rents could reach up to $1550 or more with BAH budgets since proximity to Wheeler AFB and Schofield Army Base is ideal for officers. Value-add opportunity since rents are WAY BELOW market. |
Flooring | Concrete |
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Utilities | Cable, Internet, Overhead Electricity, Sewer Fee, Water |
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ROOF | Pitch & Gravel |
Parking | 18 |
Status | Sold |
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LIVING SPACE | 6,984 Sq.Ft. |
TOTAL AREA | 6,984 Sq.Ft. |
LOT SIZE | 9,210 Sq.Ft. |
MLS® ID | 202418093 & 202418096 |
Type | Multi-Family , Commercial |
Year Built | 1966 |
Neighborhood | Wahiawa |
View Description | The best building in Lakeview Circle!! Not in a flood zone, abutting Lake Wilson: 15 one bedrooms well-situated on a simple open, flat lot with 18 parking spaces. So much to love about this value-add opportunity: sturdy concrete construction with leased laundry from WASH. Excellent opportunity to manage up by increasing to market rents and replace with owned coin operated machines. Secure the lot with a sliding gate to attract more BAH tenants since proximity to Wheeler AFB and Schofield Army Base is ideal for officers. Comps prove this property is listed way under appraised values! |
SALES PRICE | $2,300,000 |
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REAL ESTATE TAXES | $4,813/yr |
Christina’s mission is to provide exemplary, personalized service for multifamily investors. She is laser-focused on providing the best marketing and exposure, identifying capable buyers, and proactively addressing their concerns so that the process is as stress-fee as possible. Commercial Investment Strategies is the only firm in Hawaii exclusively engaged in apartment building buying and selling.
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