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Wilder Palms Apartments 2458 Wilder Ave

6 Unit Apartment Building $2,500,000 ($416,667/Unit) 3.72% Cap Rate Honolulu, HI 96822

Investment Highlights

  • Historically High Tenancy
  • Large Units
  • Convenient Location
  • Large Land Area
  • Concrete Construction

Executive Summary

Well-maintained, rarely available concrete apartment building near UH Manoa. This property is exceptional because it sits on 10,417 SF. of land, double the land area of a typical building, has more than one for one parking, and has larger than-average units, equating to historically higher rents and tenancy.

Financial Summary (Actual - 2022) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2022) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,500,000
Price Per Unit $416,667
Sale Type Investment
Cap Rate 3.72%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.24 AC
Building Size 4,450 SF
Average Occupancy 100%
No. Stories 2
Year Built 1969
Parking Ratio 2.47/1,000 SF

Unit Amenities

  • Yard

Site Amenities

  • Fenced Lot
  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 - 560
2+1 5 - 700
Walk Score ®
Very Walkable (88)
Bike Score ®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R-5 (Legal non-conforming)
R-5 (Legal non-conforming)
  • Listing ID: 27296515

  • Date on Market: 12/12/2022

  • Last Updated:

  • Address: 2458 Wilder Ave, Honolulu, HI 96822

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