2517 Ala Wai Blvd

Closed
  • $4,500,000

19 unit apartment building on the Ala Wai canal with excellent cash flow and all units occupied with stable tenant base. Legally 16 units, but 19 existing. Nicely maintained interiors with good layouts w excellent functionality and ultimate rentability. Secure coin washer and dryer, resident manager, trash service. Front building 9 units with 6 meters (owner pays these electric bills); back building is 9 studios with 9 meters (owner pays 2 units’ meters) and is laid out as follows: 4 units upstairs: 1 studio, 3 one-beds + 5 studios downstairs. Shared driveway on Ewa side, owner pays 7 electric bills, gas, and water. Bill 7 opportunity to build with 37 units; plans and contacts available with accepted offer.

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