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Off Market
1/6

2241 Kapiolani Blvd
Honolulu, HI 96826


HIGHLIGHTS

  • FEE SIMPLE Investment Ownership Allowing the Buyer to Purchase Both the Land and Improvements
  • Solid Physical Plant & Recent Renovations
  • Purchase Sale Price Well Below Replacement Cost
  • Unencumbered by a Management Agreement

OVERVIEW

Located in the heart of urban Honolulu and a short distance to major educational institutions, shopping, dining, medical facilities, Waikiki and employment centers, Waikiki Vista is being operated as a student housing facility open to all those seeking a Class A facility in the area. While the property is open to all, there has been a focus on English-as-a-Second- Language students. The property is being offered unencumbered by management, providing optimal flexibility in operations. Waikiki Vista contains 104 rooms plus an executive suite and can accommodate 288 beds. There are three floors of classroom and meeting/function space, a reception area and full kitchen/dining area on the ground floor, and an additional kitchen and function space on the 19th floor. The property offers unobstructed ocean views of Waikiki and mountain views and has a 124 parking garage.

FOR SALE DETAILS

PRICE

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# OF UNITS

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CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY NAME

Waikiki Vista

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Hi-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

172036

STORIES

19

YEAR BUILT

1990

PARKING SPACES

124

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

1-2-7-004-004-0000