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.
Off market
Street View
Zestimate®
$2,613,000
125 Ohai St, Wahiawa, HI 96786
--beds
0baths
9,216sqft
Multi-Family
Built in 1967
-- sqft lot
$2,613,000 Zestimate®
$284/sqft
$2,291 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Appliances
- Included: Microwave, Range / Oven, Refrigerator
Features
- Flooring: Tile
- Furnished: Yes
Interior area
- Total interior livable area: 9,216 sqft
Property
Parking
- Total spaces: 18
- Parking features: Off-street
Features
- Has view: Yes
- View description: Mountain
Lot
- Size: 10,136 sqft
- Features: Clear
- Topography: Level
Details
- Parcel number: 730020170000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-Family
Condition
- Excellent
- Year built: 1967
Utilities & green energy
- Sewer: Connected
- Utilities for property: Internet, Overhead Electricity, Public Water, Sewer Fee, Water
Community & neighborhood
Location
- Region: Wahiawa
Other
Other facts
- Land Tenure: FS - Fee Simple
- Lot Features: Clear
- Parking Features: Assigned
- Property Frontage: Other
- Sewer: Connected
- Topography: Level
- Utilities: Internet, Overhead Electricity, Public Water, Sewer Fee, Water
- View: Sunrise, Sunset
- Construction Materials: Hollow Tile
- Property Condition: Excellent
- Stories Type: Three
- Amenities: Secured Lobby
- Property Sub Type: Multi-Family
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$2,613,000
2% more+$52,260
With Zillow Showcase(estimated)$2,665,260