1223 Liholiho St - Apartments FOR SALE


Honolulu, HI 96822- Makiki-Lower Punchbowl-Tantalu
$2,800,000 USD
808-225-8776
1223 Liholiho St, Honolulu, HI for Sale
$2,800,000 USD
Apartments - FOR SALE
1/28
null | 4.6% Cap Rate


HIGHLIGHTS

  • Turn-Key investment opportunity with strong yield 4.6% cap rate
  • Recently renovated including - flooring, paint (interior/exterior), new kitchens & bathrooms, appliances, and fixtures
  • Excellent location in the heart of desirable Makiki neighborhood

OVERVIEW

An amazing opportunity to own a multifamily property in the heart of the desirable Makiki neighborhood. The 6-unit property consists of a 5-unit apartment building made up of 3 (1bd/1ba) and 2 (2bd/1ba) units, along with a 4bd/2ba single family house. All units are separately metered for electricity. The large house allows an owner the potential to "house hack" the property and offset their housing expenses with the other 5 units' rental income. The property recently underwent significant renovation, including new flooring, paint, windows, ceiling fans, appliances, and fixtures to all of the units making this a turn-key investment with excellent return metrics yielding a 4.6% cap rate at acquisition. Well positioned within proximity to Makiki Shopping Center, Roosevelt, Punahou School, University of Hawaii, and Ala Moana.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$890 USD /SF

# OF UNITS

6

PRICE/UNIT

$466,667

CAP RATE

4.6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1223 Wilder Avenue

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,834 SF

ZONING

A-2

APN/PARCEL ID

1-2-4-020-035-0000

ASK ABOUT THIS PROPERTY

Kynan PangExcel Commercial RealtyMore Info
808-225-8776

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Kynan PangExcel Commercial RealtyMore Info
808-225-8776

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.