$4,600,000
Excellent opportunity to manage up to market rents and earn a 6.55% cap! Well maintained three-story BMX-zoned building with mixed use, retail on the bottom front floor. 2 structures connected by a warehouse with 1:1 parking (9 ones, 4 twos, 1 three, and 4 retail [2 of which combine 2 spaces]). Additional parking on the King Street side of the property is used by customers and NOT counted in 17 space total. Owner recently fixed spalling and painted, and has taken excellent care of the building. Located across from King St. Post Office and a block from Farrington HS, so easy access to downtown and freeway in all directions.
Total Bedrooms | 23 |
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Total Bathrooms | 20 |
Stories | 3 |
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Utilities | Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water |
ROOF | Custom/Specialty |
Parking | 17, *3 tandem, not including stalls fronting the building |
Status | For Sale |
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LIVING SPACE | 10,785 Sq.Ft. |
TOTAL AREA | 10,785 Sq.Ft. |
LOT SIZE | 9,507 Sq.Ft. |
MLS® ID | 202411833 & 202411839 |
Type | Multi-Family , Commercial |
Year Built | 1970 |
Neighborhood | Honolulu |
SALES PRICE | $4,600,000 |
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Zoning | BMX-3 |
Below market rents with opportunity to create better cash flow.
Christina Dwight
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Christina’s mission is to provide exemplary, personalized service for multifamily investors. She is laser-focused on providing the best marketing and exposure, identifying capable buyers, and proactively addressing their concerns so that the process is as stress-fee as possible. Commercial Investment Strategies is the only firm in Hawaii exclusively engaged in apartment building buying and selling.
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