Cash Cow. This property, located directly across the street from Honolulu Sheridan Community Park, and just down the street from Ala Moana Shopping Center, makes almost $9, 000 a month with existing, in place leases. An excellent future development opportunity due to its Kakaako special district designation, bring your long-term plan while your short term investment produces an extremely attractive 5.3% cap rate return. Some units are below market, making this buy a no-brainer.
