2135 Bannister Pl - Multi-Family FOR SALE


Honolulu, HI 96819- Kalihi-Palama
$1,200,000 USD
808-429-1098
2135 Bannister Pl, Honolulu, HI for Sale
$1,200,000 USD
Multi-Family - FOR SALE
1/25

2135 Bannister Pl
Honolulu, HI 96819
Kalihi-Palama


HIGHLIGHTS

  • Total Units: 6
  • Unit Type: 4 Two-Beds, 2 One-Beds
  • Parking: 6
  • Year Built: 1960
  • 5,007sqft of Land
  • 3,500sqft of Interior

OVERVIEW

Rare find! IMX gem--Solid building conveniently located minutes from Downtown Honolulu at the end of a cul de sac with 4 two-bed, 2 one-bed units and higher cube workshop area with 7 parking spaces and some street parking. All rents are Pro Forma—currently 2 MTM tenants, 2 units occupied by family (no lease), and 2 vacancies. One unit has an upgraded interior. Buy and maximize rents, taking advantage of the Industrial Mixed Use zoning—potential to rent 6 units + workshop separately. Excellent value-add opportunity at a compelling price.

FOR SALE DETAILS

PRICE

$1,200,000 USD

# OF UNITS

6

PRICE/UNIT

$200,000

CAP RATE

6.34%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2135 Bannister Place

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,007 SF

ZONING

IMX-1

APN/PARCEL ID

1-1-2-14-86

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 Notice.