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101,117 Maluniu Ave, Kailua, HI, 96734
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101,117 Maluniu Ave, Kailua, HI 96734

$18,000,000  $1,250,000 Multi-Family Home withdrawn 29,476 sqft Neighborhood:  Coconut Grove
2 min walk to Kailua District Park
17 min walk to Kailua Beach
About lifestyles
Completed in 2017. 101 and 117 Maluniu Avenue in Kailua offers a rare opportunity to own a new apartment complex in one of Hawaii’s most desirable towns. On the beach end of Kailua town these apartments offer great access to both Kailua Beach and Kailua town shops and restaurants. All 38 units on the 34,844 square feet of land have been individually condominiumized. Occupancy has been at 100% since final completion fall of 2017. Each unit is individually metered for all utilities. PV system (not shown in current photos) offsets owner expenses by approximately $45,000 per year. 75 stalls for 38 units. Storage for surfboards, bicycles, and kayaks. Condominiumized units can be sold separately. Individually taxed units are assessed below class A tax rates. Selling at a 4.19% cap rate.
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Multi-family details

2017 year built
  • Year Built 2017
  • Original list price $19,250,000
  • Days on market 2052
  • Building type Apartments,Multi Dwellings
  • Price per sqft $611/sqft
  • Address

    101,117 Maluniu Ave, Kailua, HI, 96734

  • Frontage Other
  • Neighborhood Coconut Grove
  • Land tenure FS - Fee Simple
  • Land SqFt 34,844 sqft
  • View Mountain, Other

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$91,777
Taxes
$2,995
HOA dues
$0
$94,772 per month
Mortgage
Down payment
$3,600,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $91,777 / month

Neighborhood: Coconut Grove

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
17.83 / 20
Very walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

38 total units
# of 1 Bd
9
# of 2 Bd
20
# of 3 Bd
0
Total Units
38

Amenities & Features

75 parking places
Stories
4-7
Furnished
Partial
Roof
Asphalt Shingle, Other
Construction
Above Ground, Concrete, Slab, Steel Frame
Utilities
Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Property Condition
Excellent
Parking
Assigned, Covered, Open, Unassigned
nr.of parking places
75
Amenities
A/C, Fire Sprinkler, Secured Lobby, Storage

Income

Net Operating Income: $770,758
Total Actual Rent
$77,793
Total Annual Operating Expenses
$165,737
Total Income
$78,041
Net Operating Income
$770,758

Coconut Grove prices

No information about average prices in this area
-

Schools

15 schools with rating up to 8
School rating Distance
6
out of 10
Kailua Elementary School
315 Kuulei Rd, Kailua, HI 96734
Elementary School
0.178mi
6
out of 10
Kailua Elementary School
315 Kuulei Rd, Kailua, HI 96734
Middle School
0.178mi
5
out of 10
Kailua High School
451 Ulumanu Dr, Kailua, HI 96734
High School
0.959mi
School rating Distance
6
out of 10
Kailua Elementary School
315 Kuulei Rd, Kailua, HI 96734
0.178mi
NR
St. Anthony Parish School
148 Makawao Street, Kailua, HI 96734
0.265mi
NR
Hawaiian Mission Academy Windward Campus
160 Mookua Street, Kailua, HI 96734
0.324mi
NR
Huakailani School for Girls
146 Hekili Street STE 104, Kailua, HI 96734
0.363mi
7
out of 10
Lanikai Elementary - Public Charter School
140 Alala Rd, Kailua, HI 96734
1.048mi
School rating Distance
6
out of 10
Kailua Elementary School
315 Kuulei Rd, Kailua, HI 96734
0.178mi
NR
St. Anthony Parish School
148 Makawao Street, Kailua, HI 96734
0.265mi
NR
Hawaiian Mission Academy Windward Campus
160 Mookua Street, Kailua, HI 96734
0.324mi
NR
Huakailani School for Girls
146 Hekili Street STE 104, Kailua, HI 96734
0.363mi
8
out of 10
Kailua Intermediate School
145 South Kainalu Dr, Kailua, HI 96734
0.412mi
School rating Distance
5
out of 10
Kailua High School
451 Ulumanu Dr, Kailua, HI 96734
0.959mi
7
out of 10
Kalaheo High School
730 Iliaina St, Kailua, HI 96734
1.249mi
NR
Kailua Christian Academy
1276 Kailua Road, Kailua, HI 96734
1.284mi
NR
Le Jardin Academy
917 Kalanianaole Hwy, Kailua, HI 96734
2.104mi
NR
Trinity Christian School
875 Auloa Road & 1110 Kailua Road, Kailua, HI 96734
2.126mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Withdrawn Nov 15, 2018
Date Event Price $/sqft Source
Nov 15, 2018 Withdrawn $18,000,000 $610.67 MLS #201813309
Nov 5, 2018 Price Decrease $18,000,000 -6.49% $610.67 MLS #201813309
May 22, 2018 New Listing $19,250,000 $653.07 MLS #201813309
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Tax & MLS details 101,117 Maluniu Ave, Kailua, HI, 96734

33 - BMX-3 Community Business M zoning / MLS #201813309
Current Property Taxes p/month
$2,995
Property Tax Year
2018
Assessed Improvement value
$6,087,500
Assessed Land value
$4,182,000
TMK
1-4-3-052-001-0055
Land Recorded
Land Court
Zoning
33 - BMX-3 Community Business M
Flood Zone
Zone X
Topography
Level
Location
Corner
Lot Description
Other
Property Setbacks
C&C, Of Record
Total Assessed value
$10,269,000
Listed by
Carvill Sotheby's Intl. Realty
MLS #
201813309
Hawaii House tour report for this multi-family home
No reviews yet
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Frequently asked questions for 101,117 Maluniu Ave

When was this multi-family home built and last sold?

This house was build in 2017.

What is the full address of this multi-family home?

101,117 Maluniu Ave, Kailua, HI, 96734.

Are there beaches near 101,117 Maluniu Ave?

No, there aren't.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Carvill Sotheby's Intl. Realty. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on November 14, 2018.
Hawaii House Last checked less than a minute ago.

Multi-Family Home withdrawn $18,000,000  $1,250,000 101,117 Maluniu Ave, Kailua, HI, 96734 29,476 sqft Save House Remove from Saved