Home for Sale at 101, 117 Maluniu Avenue, Kailua, HI 96734

 
 
 
 
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     For additional information, contact Michael Hege Phone: (808) 664-0299
Mobile Phone: (808) 225-3660
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Property Details for Listing # 201813309
 
 
 
 
Price: $19,250,000
101, 117 Maluniu Avenue
Kailua, HI 96734
County: Oahu
Sq. Feet: 29476
Type: Multi-Family
 
 
 
 
 
 
 
 
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Property Description:
 
 
 
 
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:
 
 
 
 
Property Type:Multi-Family
Listing Status:Active
Area:Kailua
Neighborhood:COCONUT GROVE
Construction:Above Ground, Concrete, Slab, Steel Frame
Year Built:2017
Square Feet:29476
Lot Size/Area:34844.00
Lot Features:Other
Property Frontage:Other
Topography:Level
Parking Features:Assigned, Covered, Open, Unassigned
Utilities:Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
 
 
 
 
FEATURES:
 
 
 
 
Amenities:A/C, Fire Sprinkler, Secured Lobby, Storage
View:Mountain, Other
 
 
 
 
SCHOOLS:
 
 
 
 
Elementary School:Kailua
Middle/Jr. High School:Kailua
High School:Kalaheo
 
 
 
 
FINANCIAL:
 
 
 
 
Listing Price:$19,250,000
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Based on information from the Multiple Listing Service of Honolulu Board of REALTORS® listings last updated on 10/19/2018 9:28:59 PM.

 

Information is deemed reliable but not guaranteed.  Copyright: 2018 by Honolulu Board of REALTORS®.  Some of the active listings appearing on this site may be listed by other REALTORS®. 

 

If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

 

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.

     For additional information, contact Michael Hege Phone: (808) 664-0299
Mobile Phone: (808) 225-3660
    Request a Showing    Inquire about this Listing

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HBR - Honolulu, HI IDX service by WolfNet Technologies, LLC© 2018 Terms of Use

Based on information from the Multiple Listing Service of Honolulu Board of REALTORS® listings last updated on 04/20/2013 10:15:29 AM.

 

Information is deemed reliable but not guaranteed.  Copyright: 2013 by Honolulu Board of REALTORS®.  Some of the active listings appearing on this site may be listed by other REALTORS®. 

 

If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

 

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.