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1641 Stillman Lane, Honolulu, HI

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1641 Stillman Lane

Honolulu, HI 96817 - Liliha-Kapalama MF Submarket

Property Type:Multi-Family Number of Units:7 Status:Existing Year Built:1956
Stories:2 Building Size:4,060 SF Land Area:.13 AC (5,480 SF)
For Sale Price:$1,850,000 Price/Unit:$264,285.71 Cap Rate:5.50 % GRM:-

Parking:1.23 Parking Spaces / 1,000 SF

Tax Map Key: 1-1-7-019-026

Sale Notes:
Cash Cow in Super Convenient Area. Where else will you find a 5.5% cap rate return on actual income and expenses so close to downtown? 2 bldgs Mainland owner means rents are below market. Renovated 2005 (new laminate floors, paint, appliances, copper supply lines & copper drain lines in many areas, upgraded sump pumps w/ new electrical panel & 220V grinder type system that is electronically controlled, 4 new kitchens.

Commercial Investment Strategies LLC
Christina Dwight
(808) 596-2066

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