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1833 Anapuni Street, Honolulu, HI

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1833 Anapuni Street

Honolulu, HI 96822 - Makiki-Lower Punchbowl-Tantalu MF Submarket

Property Type:Multi-Family Number of Units:12 Status:Existing Year Built:-
Stories:3 Building Size:6,000 SF Land Area:.22 AC (9,374 SF)
For Sale Price:$2,900,000 Price/Unit:$241,666.67 Cap Rate:3.70 % GRM:-

Parking:2 Parking Spaces / 1,000 SF

Sale Notes:
The offering represents an incredible opportunity to purchase a trophy multifamily property in the very popular and centrally-located neighborhood of Makiki, only minutes from the H-1 freeway, grocery stores and gas stations, educational institutions, major retail locations, medical facilities, and downtown Honolulu. A buyer will acquire the dual assets of the fee simple interest in the land (ground leased through 2029), as well as the leasehold interest in 6 of the 12 condominium units developed by Seller. The condo association is professionally managed by Associa allowing for a passive ownership structure. Solid CMU construction and a large land area make it an excellent long-term investment opportunity.

Standard Commercial LLC
Ian Clagstone
(808) 222-9890

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