Fantastic Cap Rate Return! Completely Renovated, Turn Key Opportunity with all tenants paying excellent market rents. Interiors are beautifully upgraded with all new everything, and a welcoming, bright layout. Well-situated investment in the heart of Makiki with easy access to UHM, Waikiki, and Ala Moana equals a stellar, reliable tenant pool. Two buildings: front building is hollow tile first floor with 3 one-bedrooms and wood second floor with one three-bedroom and 1 one-bedroom upstairs; back building is all hollow tile 4 one-bedrooms. All units are separately metered for gas and electric, one water meter. Coin, owned laundry. Buyer to accept existing survey performed by Ailana Surveyors August 24, 2023.
MLS# | 202421146 |
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Listing Type | For Sale |
Style | Industrial |
Building Name | None |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1953 |
Days On Site | 121 |
Listing Provided By | Commercial Inv. Strategies | Christina L Dwight |
SQ Feet | 4,208 |
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Story(s) | 2 |
Units | 9 |
Zoning | 12 - A-2 Medium Density Apartme |
State | HI |
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County | Oahu |
City | Honolulu |
Zip Code | 96826 |
Area | Oahu |
Community Name | MOILIILI |
Listing VS Median (in MOILIILI) | |
Price: $2,650,000 low | high Med: $434,000 SqFt: 4,208 low | high Med: 806 $ / SqFt: $630 low | high Med: $544 On Site: 121 low | high Med: 177.500000 |