Excellent cap return on actuals with opportunity to increase below-market rents. 6 Nice, large units in 2 buildings: two story hollow tile with 2 one-bedrooms and 2 two-bedrooms and a one story hollow tile with 2 two-bedrooms, each with its own yard. Better than 1:1 parking, owned coin laundry, and seasoned, stable tenant pool. Lake Wilson abuts behind, so sense of a BIG backyard and NOT in a flood zone. Property is self-managed and well-maintained, and set back from main highway = lease road noise + easy accessibility. Shared driveway, easy access to Schofield, shops and eateries in Wahiawa, and freeway in either direction.

Construction Materials Hollow Tile Location Inside Lot Description Clear Other Parking None Parking Open Parking Total 7 Property Frontage Lake/Pond Roof Asphalt Shingle Stories OneTwo Topography Other View Other

Furnished Partial Laundry Coin Sq Ft Building 3436

1 Bed Units 2 2 Bed Units 4 3 Or More Bed Units 0 Amenities None Annual Expenses 29975.00 Assessed Value Improvements 154700.00 Assessed Value Land 736400.00 Assessed Value Total 891100.00 Building Type ApartmentsMulti Dwellings Disclosures 1031 Exchange Documents Lease DocumentsP&LTitle Search Easements ElectricTelephone 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 72025.00 Other Income 100.00 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 260.00 Tax Annual Amount 3120.00 Tax Paid By Seller Yes Tax Year 2022 Tenant Pays Cable TvElectricity Total Actual Rent 8400.00 Total Income 102000.00 Utilities Available CableGasInternetOverhead ElectricityPublic WaterSewer FeeTelephoneWater Utilities Meters ElectricWater Zoning 12 - A-2 Medium Density Apartme

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Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2023-06-02T23:59:32.257. Information is deemed reliable but not guaranteed. Copyright: 2023 by HiCentral MLS, Ltd.

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176 Wilikina Drive

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176 Wilikina Drive Wahiawa, HI 96786

Property Description

Construction Materials	Hollow Tile
Location	Inside
Lot Description	Clear
Other Parking	None
Parking	Open
Parking Total	7
Property Frontage	Lake/Pond
Roof	Asphalt Shingle
Stories	One Two
Topography	Other
View	Other

1 Bed Units	2
2 Bed Units	4
3 Or More Bed Units	0
Amenities	None
Annual Expenses	29975.00
Assessed Value Improvements	154700.00
Assessed Value Land	736400.00
Assessed Value Total	891100.00
Building Type	Apartments Multi Dwellings
Disclosures	1031 Exchange
Documents	Lease Documents P&L Title Search
Easements	Electric Telephone
Expenses Include	Excise Tax Insurance Other Property Tax Repair Maintenance Sewer Fee
Flood Zone	Zone D
Foreclosure YN	No
Land Recorded	Regular System
Land Tenure	Fs - Fee Simple
Listing Financing	Cash Conventional Exchange
Management Company	Self Managed
Net Operating Income	72025.00
Other Income	100.00
Possession	At Closing Subject To Tenancy
Property Condition	Above Average
Recreation Facilities	None
Set Backs	None
Sewer	Connected
Special Sale Conditions	None
Studio Units	0
Tax Amount	260.00
Tax Annual Amount	3120.00
Tax Paid By Seller	Yes
Tax Year	2022
Tenant Pays	Cable Tv Electricity
Total Actual Rent	8400.00
Total Income	102000.00
Utilities Available	Cable Gas Internet Overhead Electricity Public Water Sewer Fee Telephone Water
Utilities Meters	Electric Water
Zoning	12 - A-2 Medium Density Apartme