2517 Ala Wai Blvd - Apartments FOR SALE


Honolulu, HI 96815- Waikiki
$3,800,000 USD
808-429-1098
2517 Ala Wai Blvd, Honolulu, HI for Sale
$3,800,000 USD
Apartments - FOR SALE
1/23
null | 5.39% Cap Rate

2517 Ala Wai Blvd
Honolulu, HI 96815
Waikiki


HIGHLIGHTS

  • Total Units: 19 • 3 One-Bedrooms • 16 Studios
  • Parking: 3
  • Year Built: 1942
  • 7,476sqft of Land
  • 6,259qft of Interio

OVERVIEW

Phenomenal return on existing rents with upside! 19 unit apartment building with 2 buildings consisting of 16 studios and 3 one/ones. All units occupied with stable tenant base. Nicely maintained interiors with good layouts w excellent functionality. Coin washer and dryer, resident manager, trash service. Shared driveway on Ewa side, some separate meters for electric, though owner pays electric for all front bldg and 2 back bldg units, gas, and water. Do not walk property nor disturb the tenants. Bill 7 development possible, owner has some dd items to share with accepted offer.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$407 USD /SF

# OF UNITS

19

PRICE/UNIT

$200,000

CAP RATE

5.39%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1942

PARKING SPACES

3

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

X2

APN/PARCEL ID

1-2-6-025-041-0000

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 Notice.