2105 Algaroba St - Apartments FOR SALE


Honolulu, HI 96826- Mccully-Moiliili
$2,900,000 USD
808-282-0503
2105 Algaroba St, Honolulu, HI for Sale
$2,900,000 USD
Apartments - FOR SALE
1/18
null | 4.4% Cap Rate

2105 Algaroba St
Honolulu, HI 96826
Mccully-Moiliili


OVERVIEW

Well-located 10-unit multifamily property in the heart of Moiliili. All units are 1BD/1BA and currently rented, providing immediate in-place income. Two units have been recently improved, with additional upside potential through renovation and repositioning of remaining units. Each unit features a private rear patio with a washing machine, and the property offers a 1:1 parking ratio. Separately metered electric and gas enhance operational efficiency. Recently painted exterior with CMU lower level and wood-frame upper-level construction. Centrally located near the University of Hawaii, Waikiki, shopping, dining, entertainment, and freeway access. Excellent opportunity in a supply-constrained rental market!

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$464 USD /SF

# OF UNITS

10

PRICE/UNIT

$290,000

CAP RATE

4.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,113 SF

ZONING

A-2

APN/PARCEL ID

1-2-7-007-026-0000

ASK ABOUT THIS PROPERTY

David AsakuraCommercial Asset AdvisorsMore Info
808-282-0503

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David AsakuraCommercial Asset AdvisorsMore Info
808-282-0503

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