$3,800,000 125 Ohai Street Wahiawa, HI

MLS: 201725387   Type: Multi-Family   County: Oahu   City: Wahiawa   Area: Central   Neighborhood: Wahiawa Area   Zip: 96786   Style: Apartments     Stories: 3   Taxes: $258

Mortgage $17,840 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

18

0

0

9,216

10,136

1967

Existing cap rate is 5.6% on asking price! At pro forma rents, the cap increases to 6.2%! Where else are you going to find that kind of return on any Hawaii real estate? Turn Key building with all units upgraded and shiny new exterior. Below market rents in a growing market with proximity to Wheeler Air Force Base and Schofield Army base. Close to boutiques, eateries, and directly behind Walgreens and Teddy's Bigger Burger. Plus, world-class surfing on the North Shore of Oahu is just a 20 minute drive away! Huge lot with great parking 60 foot height limit for future development.

Elementary School

Middle School

High School

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Price History

12/15/2017 Listed $4,080,000
5/15/2018 7% - $3,800,000

Amenities Secured Lobby
Easements None
Land Tenure FS - Fee Simple
Property Condition Excellent
Status Active
TMK Area 173
TMK Condo Property Regime Number 0
TMK Division 1
TMK Parcel 17
TMK Plat 2
TMK Section 3
TMK Zone 7
Terms Offered Cash, Conventional, Exchange
Year Remodeled 2009

Interior Features

Furnished Y/N Partial
Stories Type Three
Total Units 18
Utilities Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Water

Exterior Features

Lot Description Clear
Lot Size Area 10136.00
Parking Features Assigned
Parking Total 18
Property Frontage Other
Roof Custom/Specialty
Sewer Connected
Topography Level
View Mountain, Sunrise, Sunset

Property Schools



Direct Link:

http://www.hi.exprealty.com/property/23-201725387-125-Ohai-Street-Wahiawa-HI-96786

Gallery (17 photos)

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Property vs Zip Code Avg (96786)

Price 3.80M Avg 3.80M

Sqr Feet 9,216 Avg 9,216

Cost / Sqr Ft $412 Avg $412

Taxes $258 Avg $258

Acres 0.232691 Avg 0.23

Visits 8 Avg 9

Days on Site 218 Avg 218

Walkscore® 74 Avg 74

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Listing Provided Courtesy Of: Commercial Inv. Strategies




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Location & Address

eXp Realty Hawaii
100 Kahelu Ave., Suite 233
Mililani, HI
808-725-3098
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