2318 Lime St - Apartments FOR SALE


Honolulu, HI 96826- Mccully-Moiliili
$4,650,000 USD
808-208-8102
2318 Lime St, Honolulu, HI for Sale
$4,650,000 USD
Apartments - FOR SALE
1/40
null | Request Cap Rate

2318 Lime St
Honolulu, HI 96826
Mccully-Moiliili


HIGHLIGHTS

  • Excellent Location
  • Rental Upside
  • Solid Concrete
  • 15 Covered Parking Stalls
  • Great Unit Mix
  • Every unit has a lanai and washer/dryer hookups

OVERVIEW

This conveniently located property is offered for sale for the first time ever. Lovingly maintained and boasting market-leading features and amenities, this all-concrete building has low average in place rents of $1,304 per month. The property offers 15 covered parking stalls, a desirable unit mix with large floor plans, and lanais for every unit — some exceptionally spacious. Many units have been upgraded with tile or LVT flooring. Each unit is equipped with washer/dryer hookups, and residents also enjoy the convenience of on-site coin-operated laundry, as well as breezy trade winds and nice views. Additional income potential is provided by five storage units. Combining tenant appeal with strong fundamentals, this property is a rare opportunity to secure a high-quality, long-term investment.

FOR SALE DETAILS

PRICE

$4,650,000 USD

PRICE/SF

$335 USD /SF

# OF UNITS

14

PRICE/UNIT

$332,143

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,200 SF

ZONING

A-2

APN/PARCEL ID

1-2-7-005-015-0000

ASK ABOUT THIS PROPERTY

Matt RaffStandard Commercial LLCMore Info
808-208-8102

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Matt RaffStandard Commercial LLCMore Info
808-208-8102

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