20-unit fully renovated CMU apartment building in the heart of Honolulu with 20 covered parking stalls! Property is 100% leased and provides excellent, stable cash flow with income/expenses stated being based on in-place leases and budgeted expenses for the year. Property underwent a full renovation in 2021-2022 which included roof re-coating, new fences/security gates as well as a roll-down parking gate. Interior luxury finishes were completed in each unit with new paint, flooring, cabinets, counters, light and plumbing fixtures. This is an extremely rare opportunity to acquire a large, stabilized apartment building in town!
Property Features
Garage and Parking
- Garage Spaces: 20
- Garage Description: Assigned, Covered
- Parking Features: Assigned, Covered
Land Info
- Lot Size Acres: 0.2685262
- Topography: Level
- Lot Size Square Feet: 11697
Home Features
School Information
- Elementary School: Royal
- High School: Mckinley
- Middle School: Keelikolani
Multi-Unit Info
Amenities and Community Features
Other Property Info
- Annual Tax Amount: 13616.04
- Source Listing Status: Active
- Source Property Type: Multi-Family
- Area: Metro
- Source Neighborhood: PUNCHBOWL-LOWER
- Ownership Type: Fee Simple
- Parcel Number: 1-2-1-21-16-0
- Subdivision: PUNCHBOWL-LOWER
- Property Subtype: Multi-Family
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 14593
- Year Built: 1974
- Building Area Total: 14593
- Construction Materials: Above Ground, Hollow Tile
- Property Age: 50
- Property Condition: Excellent
- Levels or Stories: 4-7
- Year Remodeled: 2002
Utilities
- Sewer: Connected
- Cable
- Internet
- Overhead Electricity
- Public Water
- Telephone
- Water