Skip To Content
    Return to Previous Page

    78 Lakeview Circle , A

    Wahiawa, HI 96786
    • $1,300,000
    • STATUS: Active
    • ON SITE: 137 days
    • MLS #: 202003636
    UPDATED: 68 min ago
    $1,300,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,205
      SQFT
    • $309
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1952
    County:
    Area:

    School Ratings & Info

    Description

    Welcome to Lakeview Lodge! VERY nicely kept and renovated property with an actual return of 6% cap rate return on existing income with seasoned rents and established leases. Two structures: front building=three 2 bed/1 bath; back building=3/2 downstairs + HUGE 1/1 upstairs. Nicest property on the block, well maintained by the owner with excellent potentialpossible Bill 7 re-development (*buyer to do its own due diligence) and nice cash flow while you wait for permits! All units have been updated and show nicely and are separately metered for electric with each unit having its own washer/dryer, making all units more attractive to renters.

    Monthly Payment Calculator



    © 2020 HiCentral MLS, Ltd. All rights reserved.
    Some of the active listings 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 and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Elite Pacific Properties.

    Licensed in the State of Hawaii, USA.
    oahu.elitepacific.com/homes/103620235
    Print Image

    78 Lakeview Circle , A Wahiawa, HI 96786

    • Price: $1,300,000
    • Status: Active
    • Updated: 68 min ago
    • MLS #: 202003636
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    4,205
    SQFT
    $309
    $/SQFT
    1952
    Built
    Neighborhood:
    Wilikina
    County:
    Oahu
    Area:
    Central
    Property Description
    Welcome to Lakeview Lodge! VERY nicely kept and renovated property with an actual return of 6% cap rate return on existing income with seasoned rents and established leases. Two structures: front building=three 2 bed/1 bath; back building=3/2 downstairs + HUGE 1/1 upstairs. Nicest property on the block, well maintained by the owner with excellent potentialpossible Bill 7 re-development (*buyer to do its own due diligence) and nice cash flow while you wait for permits! All units have been updated and show nicely and are separately metered for electric with each unit having its own washer/dryer, making all units more attractive to renters.
    Exterior Features

    Construction Materials ConcreteDouble Wall Location Cul-De-SacInside Lot Description Clear Other Parking <10 Spaces Parking Assigned Parking Total 7 Property Frontage Lake/Pond Roof Composition Stories Two Topography Level View Marina/CanalOther

    Interior Features

    Elevators 0 Furnished Partial Laundry DryerIndividualWasher Remodeled Year 2019 Sq Ft Building 4205

    Property Features

    1 Bed Units 1 2 Bed Units 3 3 Or More Bed Units 1 Amenities None Annual Expenses 25098.00 Assessed Value Improvements 156900.00 Assessed Value Land 1040200.00 Assessed Value Total 1197100.00 Building Type ApartmentsMulti Dwellings Disclosures 1031 ExchangeInactive Licensed Owner Documents Lease DocumentsP&LTitle Search Easements EgressIngressSewerTelephoneWater Expenses Include Excise TaxInsuranceOtherProperty TaxRepair MaintenanceSewer Fee Flood Zone Zone D Foreclosure YN No Land Recorded Regular System Land Tenure Fs - Fee Simple Listing Financing CashConventionalExchange Management Company Self Managed Net Operating Income 78198.00 Other Income 0.00 Possession At ClosingSubject To Tenancy Property Condition Above Average Recreation Facilities None Set Backs None Sewer Connected Special Sale Conditions None Studio Units 0 Tax Amount 321.94 Tax Paid By Seller Yes Tax Year 2019 Tenant Pays Cable TvElectricity Total Actual Rent 8360.00 Total Income 103296.00 Utilities Available CableGasInternetOverhead ElectricityPublic WaterSewer FeeTelephoneWater Utilities Meters ElectricIndividualWater Zoning 12 - A-2 Medium Density Apartme

    Listings provided courtesy of Commercial Inv. Strategies.
    Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2020-07-14T04:58:51.47. Information is deemed reliable but not guaranteed. Copyright: 2020 by HiCentral MLS, Ltd.


    © 2020 HiCentral MLS, Ltd. All rights reserved.
    Some of the active listings 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 and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Elite Pacific Properties.

    Licensed in the State of Hawaii, USA.
     
    https://bt-photos.global.ssl.fastly.net/honolulu/orig_boomver_3_202003636-2.jpg https://bt-photos.global.ssl.fastly.net/honolulu/orig_boomver_3_202003636-2.jpg https://bt-photos.global.ssl.fastly.net/honolulu/orig_boomver_3_202003636-2.jpg
    Logo
    Elite Pacific Properties
    4211 Waialae Ave. Suite 106
    Honolulu HI, 96816