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2952 Varsity Cir
Honolulu, HI 96826 Manoa

$1,495,000

Apartments For Sale  •  1,824 Sq Ft

Property Details

  • Property Type Apartments
  • Total Building Size 1,824 Sq Ft
  • Lot Size 0.11 ac
  • Building Class C
  • Year Built 1953
  • Cap Rate 4.70 %
  • Zoning 11 - A-1 Low Density Apt
61 Transit Score
88 Walk Score

Description

Rarely available renovated two duplexes on 5,001 sq. ft. of land and located close to the University of Hawaii at Manoa, with a 4.3% cap. if owner manages it, the CAP rate increases to 4.7% . New roof, new copper plumbing, all new wiring and electric boxes, new flooring, renovated kitchens and baths, and new asphalt paving. Individually metered. Tenants pay for their own electricity.

Financial Summary (Actual)

Net Operating Income: $71,848 (2018)
Cap Rate: 4.70 %
Total Expenses: $14,552

Public Transportation

AirportDriveWalkDistance
Honolulu International Airport 15 min - 9.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Paul Goldkorn 808-286-8118 List Sotheby's International Realty
Paul Goldkorn 808-286-8118 List Sotheby's International Realty