$2,100,000
Turnkey Bill 7 development vacant lot with plans that were approved. All the due diligence has been done, and the existing plans were cleared for 37 units (17 studios, 15 two/ones, 5 two/twos, 13 parking. Projected 80% AMI Pro Forma Gross Income of $1,023,680 (for 10 year tax exemption). Due diligence package includes: Approved Full Set Building Plans (renewed once, to be renewed again by Buyer), Electrical Site Plan, Building Renderings (interior w unit types & exterior), Building Permit Approvals, Sewer Connection Approval, Trenching Permit, Geotechnical Reports, Phase 1 Report, Survey and ALTA Survey, Waste Water Waiver, DPP Certification of Affordable Dwellings, and more!
Appliances | Dryer, Washer |
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Garage Space | 13 |
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Utilities | Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Underground Utilities, Water Available |
Security Features | Lobby Secured |
Status | For Sale |
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LOT SIZE | 7,800 Sq.Ft. |
MLS® ID | 202501538 |
Type | Multi-Family |
Year Built | 1939 |
Neighborhood | Honolulu |
SALES PRICE | $2,100,000 |
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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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