A GEM at the base of Punchbowl. This 17 unit building is poised for income potential. 7 – 1 bedroom units, 10 – 2 bedroom units. 1 beds are 480 sq ft, 2 bedrooms are either 600 or 720 sq ft depending on stack. CMU construction, concrete walls between units, individual electric meters, assigned parking, resident manager on site, great ocean and city views, very well maintained. At the end of Alapai Street against the hills of Punchbowl provides privacy for the units and cool breezes. Laundry facilities onsite and a communal garden. Units have been upgraded as tenants moved out, all varies. Long time residents have lived in the building. First time changing hands in over 43 years. Please review financial listing packet for more information on rent roll, expenses, pro-forma, survey, floor plans etc. Amazing rental income opportunity with a solid building that has been well maintained.
Listing by: Compass
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}
["rets_open_house_count"]=>
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[0]=>
string(1) "1"
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["rets_active_open_house_count"]=>
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[0]=>
string(1) "0"
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["rets_open_house_upcoming"]=>
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[0]=>
string(0) ""
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["rets_virtual_tour_url_unbranded"]=>
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[0]=>
string(69) "https://app.immoviewer.com/landing/unbranded/62dce8dc9f3e59020cb9521e"
}
["virtual_tour"]=>
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string(69) "https://app.immoviewer.com/landing/unbranded/62dce8dc9f3e59020cb9521e"
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["rets_active_continue_to_show_date"]=>
array(1) {
[0]=>
string(10) "2022-07-29"
}
["rets_close_date"]=>
array(1) {
[0]=>
string(10) "2022-10-31"
}
["rets_close_price"]=>
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[0]=>
string(10) "5000000.00"
}
["rets_expiration_date"]=>
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[0]=>
string(10) "2023-01-19"
}
["rets_off_market_date"]=>
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[0]=>
string(10) "2022-10-31"
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[0]=>
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}
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[0]=>
string(30) "esther.park@sothebysrealty.com"
}
["rets_selling_agent_full_name"]=>
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[0]=>
string(20) "Esther Park Kusunoki"
}
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array(1) {
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string(5) "32145"
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string(7) "3479251"
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string(4) "LIST"
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array(1) {
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string(7) "9066313"
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array(1) {
[0]=>
string(27) "List Sotheby's Int'l Realty"
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string(14) "(808) 735-2411"
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["_thumbnail_id"]=>
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[disclosures] => Array
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[easements] => Array
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[list_agent_email] => Array
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[0] => melvin@melvinestates.com
)
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[list_office_name] => Array
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[0] => (808) 825-4277
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[rets_management_company_name] => Array
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[0] => self
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[0] => 16722596
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[0] => PUNCHBOWL AREA
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[0] => 57360.00
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[rets_number_of_units_total] => Array
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[0] => 17
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[rets_original_entry_timestamp] => Array
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[0] => 2022-07-18T12:58:43.500
)
[rets_original_list_price] => Array
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[0] => 5000000.00
)
[rets_other_income] => Array
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[0] => 250.00
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[rets_parcel_number] => Array
(
[0] => 1-2-2-004-019-0000
)
[rets_parking_total] => Array
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[0] => 18
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[0] => 1
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[rets_private_remarks] => Array
(
[0] => Please do not disturb the tenants or walk on property without an appt. Contact Mel directly at 808-286-8005 or email with any questions. Look in supplements section for financials, floor plans, pro-forma, rent roll, survey. BELOW MARKET RENTS for the long time tenants. Please study the current market rents to generate your own pro-forma on what income should be. Use a Commercial Purchase Contract. Title & escrow to be with Jeremy Trueblood/Susan Iloreta VP of Commercial with Title Guaranty main.
)
[rets_public_remarks] => Array
(
[0] => A GEM at the base of Punchbowl. This 17 unit building is poised for income potential. 7 - 1 bedroom units, 10 - 2 bedroom units. 1 beds are 480 sq ft, 2 bedrooms are either 600 or 720 sq ft depending on stack. CMU construction, concrete walls between units, individual electric meters, assigned parking, resident manager on site, great ocean and city views, very well maintained. At the end of Alapai Street against the hills of Punchbowl provides privacy for the units and cool breezes. Laundry facilities onsite and a communal garden. Units have been upgraded as tenants moved out, all varies. Long time residents have lived in the building. First time changing hands in over 43 years. Please review financial listing packet for more information on rent roll, expenses, pro-forma, survey, floor plans etc. Amazing rental income opportunity with a solid building that has been well maintained.
)
[rets_sqft_building] => Array
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[0] => 9860
)
[rets_sqft_total] => Array
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)
[rets_status_contractual_search_date] => Array
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[0] => 2022-10-31
)
[rets_street_name] => Array
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[0] => Alapai
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[rets_street_number] => Array
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[0] => 1623
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[0] => 1$21.309472$-157.848598$99.38$13.33$1.00$y46RxDsv4jhprsrwH6QY2Q
)
[rets_studio_units_number_of] => Array
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[0] => 0
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[rets_sub_agency_compensation] => Array
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[0] => 2.5
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[rets_supplement_count] => Array
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[0] => 6
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[rets_supplement_modification_timestam] => Array
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)
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[rets_tax_annual_amount] => Array
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[rets_tax_assessed_value_improvements] => Array
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[rets_tax_assessed_value_land] => Array
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[0] => 1757500.00
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[rets_tax_paid_by_seller_yn] => Array
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[rets_tax_year] => Array
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[0] => 122
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[rets_tmk_condo_property_regime_number] => Array
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[0] => 0
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[rets_tmk_division] => Array
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[0] => 1
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[rets_tmk_parcel] => Array
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[0] => 19
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[rets_tmk_section] => Array
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[0] => 2
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[rets_tmk_zone] => Array
(
[0] => 2
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[rets_tmkplat] => Array
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[0] => 4
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[rets_total_actual_rent] => Array
(
[0] => 11030.00
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[rets_total_annual_operating_expenses] => Array
(
[0] => 78000.00
)
[rets_total_income] => Array
(
[0] => 135360.00
)
[rets_unit_one_bed_number_of] => Array
(
[0] => 7
)
[rets_unit_three_bed_number_of] => Array
(
[0] => 0
)
[rets_unit_two_bed_number_of] => Array
(
[0] => 10
)
[rets_year_built] => Array
(
[0] => 1971
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[setbacks] => Array
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[0] => Of Record
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[state_or_province] => Array
(
[0] => HI
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[status] => Array
(
[0] => Sold
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[street_name] => Array
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[0] => Alapai
)
[street_number] => Array
(
[0] => 1623
)
[street_suffix] => Array
(
[0] => Street
)
[terms_accept] => Array
(
[0] => Cash,Conventional
)
[tmk] => Array
(
[0] => 1-2-2-004-019-0000
)
[topography] => Array
(
[0] => Clear
)
[view] => Array
(
[0] => City,Coastline,Ocean
)
[wpp::rets_pk] => Array
(
[0] => 16722596
)
[wpp_gpid] => Array
(
[0] => 202212082
)
[wpp_import_schedule_id] => Array
(
[0] => 01463079115
)
[wpp_import_time] => Array
(
[0] => 1667248868
)
[year_built] => Array
(
[0] => 1971
)
[zoning] => Array
(
[0] => 12 - A-2 Medium Density Apartme
)
[new_attached_media] => Array
(
[0] => 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)
[rets_open_house_count] => Array
(
[0] => 1
)
[rets_active_open_house_count] => Array
(
[0] => 0
)
[rets_open_house_upcoming] => Array
(
[0] =>
)
[rets_virtual_tour_url_unbranded] => Array
(
[0] => https://app.immoviewer.com/landing/unbranded/62dce8dc9f3e59020cb9521e
)
[virtual_tour] => Array
(
[0] => https://app.immoviewer.com/landing/unbranded/62dce8dc9f3e59020cb9521e
)
[rets_active_continue_to_show_date] => Array
(
[0] => 2022-07-29
)
[rets_close_date] => Array
(
[0] => 2022-10-31
)
[rets_close_price] => Array
(
[0] => 5000000.00
)
[rets_expiration_date] => Array
(
[0] => 2023-01-19
)
[rets_off_market_date] => Array
(
[0] => 2022-10-31
)
[rets_selling_agent_direct_work_phone] => Array
(
[0] => (808) 735-2411
)
[rets_selling_agent_email] => Array
(
[0] => esther.park@sothebysrealty.com
)
[rets_selling_agent_full_name] => Array
(
[0] => Esther Park Kusunoki
)
[rets_selling_agent_mlsid] => Array
(
[0] => 32145
)
[rets_selling_agent_mui] => Array
(
[0] => 3479251
)
[rets_selling_office_mlsid] => Array
(
[0] => LIST
)
[rets_selling_office_mui] => Array
(
[0] => 9066313
)
[rets_selling_office_name] => Array
(
[0] => List Sotheby's Int'l Realty
)
[rets_selling_office_phone] => Array
(
[0] => (808) 735-2411
)
[_thumbnail_id] => Array
(
[0] => 23767956
)
)
CONTACT US
#RB-7120
info@marcushawaii.com
(808)839-7446