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Located in Central Waikiki, the Boysay Apartment Complex sits on the corner of Kaiulani Avenue and Ala Wai Boulevard. The five-story building with forty units boasts a unique rooftop sun deck with breathtaking mountain and city views. The two-story building features nine charming cottage style units. Ample parking is a plus for the area which is near freeways and also a short walk to one of the most famous beaches in the world.

The outstanding location, recent renovations, elevator, and parking make the Boysay Apartment Complex a gem of a real estate asset.  Great investment opportunity and perfect for buyer 1031 Exchange.

Offered together with TMK:(1)2-6-24-94. Income and expenses are forecast for 2009.

This listing courtesy of: Choi International
Based on information from the Multiple Listing Service of the Honolulu Board of REALTORS®
Active listings updated on July 29, 2010
Information is deemed reliable but not guaranteed.
Copyright © by the Honolulu Board of REALTORS®

• Days On Market: 192
• Amenities: None
• Annual Expenses: $142,526
• Annual Rental Income: $508,294
• Total Annual Income: $508,294
• Net Operating Income: $365,768
• Total Building Interior Sqft: 11140
• Land Tenure: Fs - Fee Simple
• Neighborhood: Waikiki
• Number Of Units: 49
• One Bedrooms: 14
• Studio: 35
• Number Of Parking Spaces: 17
• Property Type: Multi-family
• Stories: Two, 4-7
• Tax Year: 2009
• Tax Map Key: 1-2-6-024-076-0000
• View Description: City, Garden, Golf Course, Marina/canal, Mountain
• Year Built: 1970
• Zip code: 96815

Patricia Choi Certified Commercial Investment Member, Certified International Property Specialist (808) 734-7711 hawaii@choi-realty.com View My Listings

Mark J. Storfer Certified Commercial Investment Member, Realtor (808) 375-0449 mjstorfer@hawaiiantel.net View My Listings