1640 Lusitana St - Apartments FOR SALE


Honolulu, HI 96813- Nuuanu-Punchbowl
$2,888,000 USD
808-429-1098
1640 Lusitana St, Honolulu, HI for Sale
$2,888,000 USD
Apartments - FOR SALE
1/21
null | 4.68% Cap Rate

1640 Lusitana St
Honolulu, HI 96813
Nuuanu-Punchbowl


HIGHLIGHTS

  • Total Units: 10
  • Unit Type: One-Bedroom
  • Parking: 10
  • Year Built: 1958
  • 12,285sqft of Land
  • 3,634sqft of Interior

OVERVIEW

Huge lot with space in back for yard/ garden/ possible duplex. Owner was told the back part of the lot could be developed with a home, and has driveway plan for accessing it separately, if you subdivide. Convenient location less than half a mile from downtown Honolulu, hollow tile construction with 10 one bedrooms, 10 parking. All units pay their own electric. CAM meters for electric, gas (for dryer), and water. Property is self-managed, and has owned coin laundry.

FOR SALE DETAILS

PRICE

$2,888,000 USD

PRICE/SF

$795 USD /SF

# OF UNITS

10

PRICE/UNIT

$288,800

CAP RATE

4.68%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,285 SF

ZONING

R-3.5

APN/PARCEL ID

1-2-2-002-051-0000

ASK ABOUT THIS PROPERTY

Christina Low DwightCommercial Investment Strategies LLCMore Info
808-429-1098

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Christina Low DwightCommercial Investment Strategies LLCMore Info
808-429-1098

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