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54-083 - 54-087 Hauula Homestead Road, Hauula, HI

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54-083 - 54-087 Hauula Homestead Road

Hauula, HI 96717 - Koolauloa MF Submarket


Property Type:Multi-Family Number of Units:6 Status:Existing Year Built:1977
Stories:2 Building Size:7,444 SF Land Area:.7 AC (30,492 SF)
For Sale Price:$3,650,000 Price/Unit:$608,333.33 Cap Rate:8.00 % GRM:-

Parking:-



Sale Notes:
Nestled against the foothills of the Koolaus in Hau'ula, Hale Maluhia lives up to it's namesake as a place of peace and calm. Three duplexes sit on the almost 35,000 sq ft. property along covered parking for up to 12. The original unit includes a 3 bed / 1.5 bath and a 3 bed / 1 bath. The other two are copies of each other offering a 4 bed / 2 bath on one side and a 3 bed / 2 bath on the other. These are great, fully furnished, turnkey rental units for an investor looking for recurring revenue. Each unit has a separate TMK opening the possibility of selling separate units should you wish. Residents will enjoy beautiful beaches just minutes away along with groceries and restaurants no more than 5 minutes up the road. Great country investment property. Appx. $70,000 in operating expenses is due to hired management and cleaning. Cut those out to make a cap rate of 8%.

These are great turnkey rental units for an investor looking for recurring revenue. Residents will enjoy beautiful beaches and world famous surf breaks just minutes away along with groceries and restaurants no more than 5 minutes up the road. Great country investment property.

Staples Hawaii Inc
Jeremy Moncur
(808) 428-1975




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