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2357 - 2361 Pauoa Road, Honolulu, HI

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2357 - 2361 Pauoa Road

Honolulu, HI 96813 - Nuuanu-Punchbowl MF Submarket

Property Type:Multi-Family Number of Units:6 Status:Existing Year Built:1942
Stories:2 Building Size:3,288 SF Land Area:.28 AC (12,310 SF)
For Sale Price:$2,750,000 Price/Unit:$458,333.33 Cap Rate:- GRM:-

Parking:1.82 Parking Spaces / 1,000 SF

Sale Notes:
Income property in Pauoa Valley near Downtown Honolulu! One 3-bed/2-bath and five 2-bed/1-bath units on 12,310 SF level land. Property well-maintained by longtime owner. All units fully occupied with tenants on month-to-month rental agreements - at below-market rent. Improvements in 2012-2013 include gas to electric conversion, electric meters, 6-car carport, fencing & painting. Roof redone in 2010. Cap rate increases to 5% with adjusted market rents.

Wallace K Kazama Realty
Lacey Shimabukuro
(808) 380-6993

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