Pupukahi and Pupuole Buildings

Sold
  • $3,250,000

3 Multifamily Properties Offered at $3,250,000 in Waipahu, HI

PROPERTIES

PROPERTY NAME / ADDRESS, CITY, STATEPROPERTY TYPE(SQFT)YEAR BUILTINDIVIDUAL PRICESTATUSView Map
94-322 Pupuole St, Waipahu, HIMultifamily5,164 1965$950,000SOLDMap
94-323 Pupuole St, Waipahu, HIMultifamily5,247 1965$1,050,000SOLDMap
94-109 Pupukahi St, Waipahu, HIMultifamily3,080 1967$1,150,000SOLDMap

*94-322 Pupuole St
# of units: 5
Unit type:
• 2 Bedroom Units: 5
Interior square footage: 3,080
Square footage of lot: 5,165

*94-323 Pupuole St
# of units: 6
Unit type:
• 2 Bedroom Units: 6
Interior square footage: 3,564
Square footage of lot: 5,247

*94-109 Pupukahi St
# of units: 6
Unit type
• 2 Bedroom Units: 6
Interior square footage: 3,960
Square footage of lot: 5,040

INVESTMENT HIGHLIGHTS

  • 17 units for $191,176 per door and attractive return on existing financials.
  • Synergistic location with future growth from rail.
  • Value add opportunity with stable income.
  • Buy 1 or all 3!

LINKS

ATTACHMENTS

CIS Standard Addendum 

Excellent investment opportunity with seasoned tenants, all in a 200 yard radius. Three multi-family properties available for sale together or individually. Actual cap rates and prices are as follows: 94-322 Pupuole: 5.77% ($0.95M); 94-323 Pupuole: 6.01% ($1.15M); 94-109 Pupukahi: 5.84% ($1.15M).

Value add opportunities super close to 2 rail stations. See http://www.honolulu.gov/tod/neighborhood-tod-plans/dpp-tod-waipahu.html for more. Tenant provides its own appliances, all units separately metered for electric, one water meter. Hollow tile walk ups, no vacancies.

Do not disturb tenants, knock on doors, nor park on property. Email info@christinadwight.com for marketing package with income/expense and IRR calculation. See attachments for standard addendum (please submit with all offers), and pls use Commercial PSA, LBP, Leasehold Addendum & As Is Addendum.