22 Palione Pl – Multifamily Property
Kailua, Hawaii
Considered one of Hawaii’s great beach towns, Kailua’s slender strand along its windward shore is home to two idyllic public beaches, Kailua Beach…
Status:...........For Sale
Price:..................$4,950,000
Property Type:.......Specialty
Sub-Type:..................Residential Income
Building Size:........3,759 SF
Cap Rate:..............4.95%
Document List For Investors
Sample only – links don’t work
Private Placement Memorandum (PPM).pdf
Operating Agreement.pdf
Subscription agreement.pdf
PROPERTY FACTS
FINANCIAL SUMMARY (PRO FORMA – 2019).....ANNUAL.....ANNUAL PER SF
Gross Rental Income..............$447,250.........$118.98
Other Income.....–.....–
Vacancy Loss.....–.....–
Effective Gross Income.............$447,250.........$118.98
Taxes.....–.....–
Operating Expenses.....–.....–
Total Expenses...........................$187,004.......$49.75
Net Operating Income.........................$260,246.......$69.23
Kahala Hotel & Resort.......5 Star.......338 rooms.......36 min drive
PROPERTY TAXES
Parcel Number......1-4-3-017-058-0000.......Improvements Assessment..........$794,100
Land Assessment......$1,555,700.......Total Assessment................$2,349,800
ZONING
Zoning Code.....03-R-10