Listed by Commercial Investment Strategies
$8,250,000
55 Walker Ave
Details
APN 1-7-4-003-046
Property Type Multifamily
Sub Type Apartment Building
Square Footage 15,750
Units 33
Cap Rate 5.57%
NOI $459,321
Occupancy 100%
Pro-Forma Cap Rate 5.57%
Pro-Forma NOI $459,748
Year Built 1965
Stories 3
Acreage 19000.000
Zoning B-2
Parking Spaces 33 spaces
Parking Per SqFt 2.10
Sale Condition 1031 exchange
Multifamily | 33 Units | $250,000/unit
Marketing description
Rare and desirable centrally-located building in the heart of Wahiawa with hollow tile construction. This securable threel-story walk up apartment building with 30 one-bedrooms 3 two-bedrooms with 33 parking on huge lot has ultimate accessibility to eateries, shops, and services. Excellent opportunity to increase rent and maximize returns awaits! Landlord pays for water. All tenants pay their own electric, most MTM. Coin owned laundry.
Investment highlights
• Total Units: 33
• Unit Type: 30 One-Bed, 3 Two-bed
• Parking: 33
• Year Built: 1965
• 19,000sqft of Land
• 15,750sqft of Interior
Listing Contacts
Listed by Commercial Investment Strategies
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$459,321.00
$38,276.75/mo
Valuation Metrics
0
DSCR
5.57%
Cap Rate
5.57%
ROI
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